Is it worth the risk, the bad news is out and the earnings call gives the company the opportunity to address investors and analysts concerns. The stock is oversold and on support which held on 3 previous occasions. The risk to the downside remains considerable despite retracing 50% already, the 200ma and Fib Gp is the next support @ $55-$60. Upside potential is possibly more limited but bulls would hope for a visit to the .382 Fib level.
I think the forecast is correct and EURUSD will rise. Good work
Pastig
⋅
what do you think just now?
mtang225
⋅
@Pastig, I think it is worth the risk with a Stop Loss and buying a lot if you sell at a minor loss and re-buy lower. Hedge funds will not like that. They are probably buying it up right now.