The price was moving inside the descending channel for more than 3 years, where the stock has lost around 95% since ATH. Currently, price has meet the demand zone, and will accumulate between it and closest resistance (5,7-6$ per share) for a while. Expect the price to break and retest the resistance zone soon. Potential countable target is 4x-10x till last ATH.
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.