Long-term Downtrend Broken?Time will tell but it appears an almost 20-year downtrend/basing period has been broken. The breakout occurred with significant volume which makes it more likely to be genuine. Of course an initial shakeout/head fake could follow (and I may not have the trend line exactly right, tried to place it where there were the most hits, but a few times that resulted in false breakouts in the past). Anyway, long-term I like this stock. Fundamentally, can the company finally turn from years of losing money to profitability? Analysts estimate a profitable next quarter for the company. Will that happen? And can that profitability be maintained long-term? Those are the big fundamental questions for this stock.
Just some pretty simple observations, not advice, trade at your own risk.