Still a relatively unstable stock in general of approximately 40 days of stability before a drastic change in price.
the stock is still trending downwards within the parallel band.
75 remains as a strong resistance line which can become a strong support line after a breakthrough. A confirmation of breakthrough out of the band will be a great indicator of upwards trend thereafter.
Daily & weekly MACD and RSI indicates an upward pressure but remains in the negative territory.
the stock is still trending downwards within the parallel band.
75 remains as a strong resistance line which can become a strong support line after a breakthrough. A confirmation of breakthrough out of the band will be a great indicator of upwards trend thereafter.
Daily & weekly MACD and RSI indicates an upward pressure but remains in the negative territory.
Short.
SL: $85
TP: $57