ONVO, critical point.
This stock has been in a falling triangle for a long time, I't broke down under i'ts previously set support line, tested 3-5 times before, of around 5.50 and went into a free fall to test previous lows. We are now seeing a possible retrace if it can break through 5.50 and breaking the falling resistance would make this stock an absolute BUY.
Disclaimer
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.