I'm basing my strategy on the RSI and price, The pattern indicates perfect time to buy, RSI says it might go a little lower. Trends are not to stayed forever... I have an Limit order at $9.35.
You got to pay to see i guess.
Unfortunately I wasn't patient enough and got in at $39.17 with just a few shares. The price is right on the support line, the RSI is below 30. How long will it stay at this range is the question or will it go below the support? comments?
If SIEN crosses the downtrend the next test will be crossing the 50 day MA. if that happens we might have an up break. Am i going to wait to find out? I have a 10% gain that might be erased if the same volatility continues.. let me know your thoughts..
The price is currently above the SMA line, if it crosses the downtrend line it might go to $5.00. I'ts all a guess game, How much is the trade war affecting the stocks or the companies not doing good... All murky waters...