My chart very clearly shows the history of this stock when it is at these levels on the weekly!
If it breaks these level of support i think we can see an aggressive short term sell off to lower key levels before a rebound HOWEVER if we see a clear rejection and bounce up on this or next weeks candles it will clearly show buyers are in play and will expect a sharpish rise up towards previous highs.
I am biased long, RSI is oversold and is at key resistance points.
If it breaks these level of support i think we can see an aggressive short term sell off to lower key levels before a rebound HOWEVER if we see a clear rejection and bounce up on this or next weeks candles it will clearly show buyers are in play and will expect a sharpish rise up towards previous highs.
I am biased long, RSI is oversold and is at key resistance points.
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