a long from the identified areas would be a good opp
I think this stock has a chance to rise,but i would not recommend taken any action until earnings comes out i think in feb-mar 2025.
quick look into past two earnings report, showed that the company earning has been in decline for for the past two quarters. (more digging is needed to check why their earning and company overall performance is just so bad continuously).
i expect the stock to keep trending down until the earnings come out, if the earning is positive, then the stock should rise. if not, then a deeper pullback at the 0.78 should be expected and the market should decide either up from there or further down.
from my POV, i expect positive news and reboun. But it all comes down to the earnings report.
DYOR= do your own research.
quick look into past two earnings report, showed that the company earning has been in decline for for the past two quarters. (more digging is needed to check why their earning and company overall performance is just so bad continuously).
i expect the stock to keep trending down until the earnings come out, if the earning is positive, then the stock should rise. if not, then a deeper pullback at the 0.78 should be expected and the market should decide either up from there or further down.
from my POV, i expect positive news and reboun. But it all comes down to the earnings report.
DYOR= do your own research.
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