Dllew2019

Dllew2019

Above 50.5 can squeeze higher in short term. Otherwise wait for 35 and 30.

Dllew2019

Not really interested in playing.

Dllew2019

Obviously, close this month below 36 would be bad ... at least need another month or two to reverse. Close between 36 and 40 hits buyers are trying to test water and see how much resistance it has. So the chance that December will be higher is ~ 2/3. Close above 40 in November means buyers are ready to bring it higher, can take some risk in monthly options.

Dllew2019

Lots of buyer in the 55-65 area. Tigger occurred when broke out the down trend line. Wanna wait a little bit to see better opportunity to load near 65. This is not high momentum stock so don't expect that type of move. Fundamental change is now could be a vaccine play, along with WBA

Dllew2019

whether is is parabolic or rising wedge. Buy the breakout.

Dllew2019

If this is the 3rd wave, then we should not expect much deep pull back. So watch 1930 and BTFD.

Dllew2019

Looks like a lot upside ahead. Covid recovery play. But be careful if you decide to play single name....

Dllew2019

Can see more upside.

Dllew2019

Weekly looks pretty good. Daily like a rising wedge. Holding 193 has more upside.

Dllew2019

Use the triangle as trigger.

Dllew2019

Do not like the deep pull back after a 100% ABC. Would not trade though.

Dllew2019

But my gut feeling is going up. For bear case, I would like to see hard rejection on cloudy bottom which did not happen. Still no long until further signal. Keep an eye for now.

Dllew2019

Still think one more leg up. Should touch 81.5.

Dllew2019

Some signs of a bounce on daily but weekly still looks bad. So avoid short term OTM bets.

Dllew2019

Everything is unwinding..... What a year

Dllew2019 Updated 

Thinking it will go up tomorrow. Great time to load near close imo.

Dllew2019

Looks like it wants to go higher. But option trades should be triggered by b/o trend line. Otherwise, could be killed by continuation of the triangle. Stay patient or use equity.

Dllew2019

just feel bounce is week and line is broken let's see how it plays out.