From the top of the year (18,48) the stock dropped loosing more than 45%.
The pattern now is a pullback on the 200 weekly Simple Moving Avarage with the RSI near oversold.
So my strategy could be Long from 10,20$ area and stop if the prices will loose 10$.
Best wishes
The pattern now is a pullback on the 200 weekly Simple Moving Avarage with the RSI near oversold.
So my strategy could be Long from 10,20$ area and stop if the prices will loose 10$.
Best wishes