I dont need to get into too many details. You can see from the chart. I knew this wasnt the best company, but I didnt know it was gonna burn like this after they did their offering. These folks seem bad with money! Im out! And you should be too.
The chart pretty much speaks for itself. A double bottom looks to be forming at $10. The next level of support below $10 is around $6, so I would set my stop around $8, and adjust share size based on how much you want to risk.
Im a beginner so this should be pretty easy to understand.
This is simply a decent company having some internal issues, but those issues have seemingly been taken care of. The stock now seems to be starting its move back upward. Resistance has been broken, as well as what looks like a strong upwards trend is beginning. A few upcoming catalysts in the next few...
