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On Oct 4 post, I mentioned that it has a risk of falling to $26. It is currently trading at a critical support level. If there is a reversal in the cards this is where it needs to bounce.
The stock falls to all time low of $21.22 back in November 9, 2022 on the day of ER that marked the bottom.
Well guess what? We are in November 2023 and ER is scheduled on November 9 and stock is trading around $25!
Will it be the same this time?
I think we should see a potential bounce soon.
Upside targets:
$27
$31
$34
$36.50
Downside risk:
$24 to $21