After having been beaten to the ground over the past months, many people will find themselves bag holding this one. The suggestion through multiple analysis is that a strong reversal is forming over the next few days, with a projected return to previous levels expected over the course of the next few months. The idea was conceived through the VWAP levels still being pinned at around $11. Target suggestion would be lower, starting at the $6.6 /8.80 levels.
Hope it helps anyone looking for a play or a CA down.
Hope it helps anyone looking for a play or a CA down.
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