$2.60 before bouncing up?
Updated
- Currently in corrective trend.
- Long term channel, with the support being around $2.60.
- 14-period RSI (daily) entering oversold territory. Last time it did the stock skyrocketed.
Do note that there is a lot of resistances to push it up.
- SMAs (50/200)
- channel top
- wedge bottom
Note
Stock hit the bottom of the channel as predicted.
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