I foresee this guy melting if it doesn't close above that weekly trend line.
between quarterly report coming like ass and all the bad news that's been dropping, the company needs to do something to revitalize their band image and regain composure.
surprised their pricing held as well as it did - last time it was sold this low on RSI price was below 200.
Would not recommend buying shares until price moves back above trend line and retests - id pay attention to that upcoming monthly candle and look into shorts with stocks in the biotech space like WVE.
Peep analysis on that - dropping it as well.
between quarterly report coming like ass and all the bad news that's been dropping, the company needs to do something to revitalize their band image and regain composure.
surprised their pricing held as well as it did - last time it was sold this low on RSI price was below 200.
Would not recommend buying shares until price moves back above trend line and retests - id pay attention to that upcoming monthly candle and look into shorts with stocks in the biotech space like WVE.
Peep analysis on that - dropping it as well.