Bottom reached?
Let's see if the 49-51 levels will hold. Volume is still extremely low, hinting to the fact that not many IF ANY institutional owners are selling. Added to my personal position at these levels, always be ready to average down for moments like this.
Worst case, we might see mid-low 40s again, although fundamentally I highly doubt it. The longer a stock goes sideways for, the bigger the move will be. Patience is key here!
Worst case, we might see mid-low 40s again, although fundamentally I highly doubt it. The longer a stock goes sideways for, the bigger the move will be. Patience is key here!
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