Ok first of all no comments on the Van Gogh li,e drawing please.Its late and I’m no,good at graphs.
But I gave no doubt that FL is set up perfectly for bearish pennant with exit price price around 25-28. I will be opening 100 SEP 20 31. If you look at this strike price you will see OI of over 11000 so thinking someone know,something.
In terms of Pennant look at form and also look at massive volume drop off over last few days. Don’t know when will happen but will be before September 20