Looks like it could be bouncing off a long term low trend line around this price range. Price has broken the 50eam several times and looks to be finding support. Waiting for a bounce to confirm entry. If it doesn't find support this could break below and keep going down. Lots of up potential on a fundamental point of view which could be a catalyst. RSI is bullish.
Formed a nice bottom. Looks like a cup and handle pattern is forming. I could see it spiking to $5. has not taken the 50EMA yet so I wouldn't put in a buy order. Of course it means missing some gains, but playing it safe is never a bad idea. Always more opportunities
I don't remember if I made a post on this. But I am trading Mark. I have circled the day I bought and have drawn a line to represent my entry buy. RSI has had a strong up ward trend and price has bounced off the 50 EMA showing support . Price has really spiked in the last few days.