Downtrend

We are currently sitting on a strong support area. But also we are sitting on a strong bull trap in overall stock market, so my feeling is that we will see more downtrend and within the next weeks / months we will hit under 30 USD mark for IRBT. Boxed area is what I am looking for to start filling my positions. In "worst" case we can even break the downtrend support.

Trend Analysis

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