After a strong price rejection at the $10.00 mark and an offering, prices have plunged greatly and now it is sitting at the $6.50 to $6.70 range. It has been a support for the past week. The stock is currently oversold and looking at the risk/reward, 5% drop in price seems to be unlikely so this got be a good buy in point.
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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.