Based on the historical behaviour of this stock, it’s currently reaching the lowest price in its entire history. The last time it dropped to this level was in March 2020, during the COVID crash and after two consecutive heavy losses. However, the current financial structure isn’t nearly as weak as it was then, even though the price has fallen to a similar level. This is considered a very high-risk trade — but the potential return could be at least 300% in the coming months.
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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.