Replies to post #56489 on Options Wonderland

[Fox13]

The horrible fate of Gilead (GILD) might change soon. Waiting for some spark…

[dalcindo]

Agreed. You are right:

1 - Technically, ultimate bottom of bearish channel is still a bit away, allowing for more downside.

2 - Similarly, the XEU vs. USD relative strength chart indicates a channel not completely traveled by the line chart of this pair, further suggesting some downside.

- Dalcindo