Stock is falling 5 weeks. But it's seems it almost found the bottom. What we have:
1. 200 MA bounce on daily chart.
2. Almost bounced from 50EMA on weekly chart.
3. Bounced from the long term resistance/support line.
4. Oscilators shows the bottom has found.
So, we have to get the clear reversal signal to get in. And if it goes it goes pretty high!
Nuva is falling in the channel. The price every time bounce from the bottom of the channel. There are two good retracement from 0.5 fibo. Now we got 0.618 fibo retracement. So, it could be a good entry point for a long run. Also medical sector can be a good security, acounting the coming S&P 500 fall and growing cases of COVID-19.
P.S. It`s not the financial...