The trend line on the screen has been support for many years. Price is revisiting this trend line with the most recent earnings. 75 - 80 may serve as local support and price may bounce. Good risk to reward as a stop is just below trendline. Not financial advise.
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Based on the past price action at this trend line, I have opened a long position for a bounce. I will refer you to the DG chart and the long term trend line that priice hit and how it interacted. Price can always go lower, but risk to reward here put probabilites in an upside move.
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I sold my calls, I was up almost 100% in 24 hours. I still think this has room to the upside. Not financial advise
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This has been a beautiful trade for all those taking it!
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Here comes 115
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Beautiful!
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Wonderful reaction at trendline