The stock has now broken below long-term trendline support on the multi-year chart. That level now flips to resistance, with the breakdown under horizontal support reinforcing the bearish structure.
With broader market weakness, I'm anticipating lower levels ahead, potentially into the teens if momentum continues. Watching closely.
With broader market weakness, I'm anticipating lower levels ahead, potentially into the teens if momentum continues. Watching closely.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.