It is currently trading at a critical support level. If there is a reversal in the cards this is where it needs to bounce.
The stock falls to all time low of $21.22 back in November 9, 2022 on the day of ER that marked the bottom.
Well guess what? We are in November 2023 and ER is scheduled on November 9 and stock is trading around $25!
Will it be the same this time?
I think we should see a potential bounce soon.
Upside targets:
$27
$31
$34
$36.50
Downside risk:
$24 to $21
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.