Price broke to the downside from a horizontal consolidation zone.
A lot of RED noted suggesting strong selling pressure. It would seem that even sellers can become exhausted and take a break?
Target 1 has been met. Targets 2 and 3 in smaller orange type.
Price is below the .618 of the trend up since the Covid low and above the .786.
There is a support level not far below price and if this stock is planning to turn up for any length of time, this would be a good place to do so.
Earnings are late November and it appears expectations are low.
Short interest is low at around 1.35%.
No recommendation.
A lot of RED noted suggesting strong selling pressure. It would seem that even sellers can become exhausted and take a break?
Target 1 has been met. Targets 2 and 3 in smaller orange type.
Price is below the .618 of the trend up since the Covid low and above the .786.
There is a support level not far below price and if this stock is planning to turn up for any length of time, this would be a good place to do so.
Earnings are late November and it appears expectations are low.
Short interest is low at around 1.35%.
No recommendation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.