stay strong this august

2021-08-06

Today is a down day with low volume and little movement -> easy way to let option value decrease (both short term put and calls) so the writers of the option lock in there profits. Next month will be interesting with the descending line from 319 hitting 200 at the beginning of September and it needs to broken somewhere to create an uptrend. So stay strong this august, expect a break somewhere, at least I do💪. $Alibaba(BABA)$

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