This stock has been an aboslute sh*tshow so far but today it managed to bounce off the bottom of the larger channel and more importantly, what looks like a bullish shark .886 XA PRZ. If the bounce holds, shark pattern implies a 50% so that would mean it breaks out of its current downward channel. Breaking out of this channel would then imply a bullish cup and handle pattern that leads up to $10+ and we're all rich...
Only problem here is that while the technicals all line up, the price keeps going down :). Remaining patient here but if it falls past 4.72 stick a fork in this one...
Only problem here is that while the technicals all line up, the price keeps going down :). Remaining patient here but if it falls past 4.72 stick a fork in this one...