Oversold, 10% bounce from $21.x?
PATH continues to be in downtrend (as highlighted in my previous post as well). Price is currently oversold and knocking the boundary - which could potentially give us at least 10% (when traded Long). I like how this stock continues to ping pong in the channel, and the markings helped me pick a $20.7 price yesterday. Next resistance is marked on the charts.
What do you guys think?
Disclaimer: This is not a financial advise. Please make your independent decisions while making an investment.
הערה
Sold back at $23 and bought yesterday at $19.99.
כתב ויתור
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