Unless I see this bouncing back with a strong bullish candle I would stay away from this stock. The month looks exceptionally weak and the falling StocRSI and MACD signals aren't convincing enough to even invest in this stock at support.
Wait and see how the stock reacts once it reaches the demand zone. If it breaks the demand zone, it will be time to pack this stock away for a good 2+ months.
Happy Trading!
Wait and see how the stock reacts once it reaches the demand zone. If it breaks the demand zone, it will be time to pack this stock away for a good 2+ months.
Happy Trading!
