Playing off this support level I expect price to retreat back up closer to the recent resistance.
Personal buy using technical analysis. Also several technical indicators just didn't have time to chart them. This prediction is based on a one month outlook.
It’s been a quick min since I posted. Been insanely busy with college. This stock tanked, and is now showing oversold signs on the rsi/bollinger band strat. Buy this stock at your own risk. *im only throwing $10 into it.
The 20-day SMA has leveled off over the past week and is closing the gap between the longer 50-day SMA. The low RSI reading of around 40 means that it won't take much more selling pressure to trigger an oversold signal to investors.
Bounced off of the trend line, target is level 0.5 (support)
Bounced off of level 0.618 (support), target is level 0.786 (resistance)
Broke level 0.382 (support), target is level 0.5 (new support)
Wick broke level 0.236 (resistance), target is level 0.236 (resistance)
Broke level 0.382 (resistance), target is level 0.5 (new resistance)
Broke level 0.382 (support), target is level 0.236 (new support)
Broke level 0.382 (support), target is level 0.236 (new support)
Broke level 0.618 (resistance), target is level 0.5 (new resistance)
Broke level 0.618 (support), target is level 0.786 (new support)