We are at a very important level, everything we need is to the left of the chart. This price has served as support and resistance multiple times. The question now is whether it will serve as support or resistance. One thing to consider is that recently there has been a bullish MACD crossover, causing me to lean bullish. The weekly MACD tends to give an accurate...
Although long term I see potential for this stock the current chart is still bearish. The region that previously provided support has now turned into strong resistance, indicated by the strong rejection. Price previously consolidated in this region, but is now instantly rejected showing bears are now in control. I'd like to see price break this region and hold it...