Usually after earnings they've fallen shortly after. Sometimes they get a nice pump then a collapse, it seems like the last earnings call was that pump, and the result should be a nice collapse before an inevitable pump
If CMC continues on this current downward trend, it should hit ~0.7 by the end of March, 2021.
If/when it hits this convergence, this will be the quintessential fork in the road; it could pull back and skyrocket, or this could collapse the stock back to original price (lower than ~0.3s).
The fundamentals & news of this company do suggest a positive outlook, but...