Strong Inverted Hammer on daily chart. Descending triangle. May break on either side. Position to be taken based on where to it breaks.
Weekly chart shows clear indications of a downfall.
Weekly chart shows clear indications of a downfall.
Commento:
Formed a hammer which basically means that the stock is sideways. Waiting for decisive action.
Commento:
Descending triangle worked. Stock price tanked.