Big order came in for 3/19/21 80p buying 1000 contracts. It looks like it's starting to develop a H&s formation. But due to the descending rsi and macd, I think the pattern doesn't get complete. RSI on the 4hr is sitting in the 30s. However the 1day is showing rsi in the 40s. With earnings at the end on Jan, im hoping for a retest of the highs after a bounce off...
Looking to find support at bottom trendline. Buyers bought when it broke down in the AM. Hit a day HOD of 93.67 and sold back off to the trendline into the close. If it breaks 93.88 then this will run back to ath. If it breaks back below 92 look for 88 as another support. Good stimulus news can send this too.
