To my understanding, there is strong support at 265 and it held quite well. Aside from your shorting idea, your long analysis is spot on. However, I do think the resistance at 286 will become support after Feb 2021. The volume is low at the moment.
Note: The writer holds a long position and this is entirely my own opinion. This should not be considered as investment advice.
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Note: The writer holds a long position and this is entirely my own opinion. This should not be considered as investment advice.
Thank you for sharing your idea :)