Could be a good entry opportunity if it closes the gap and bounces of it's weekly EMA support at 13$
So we have:
1. A potential retest of weekly 21 EMA
2. Closing it's Gap at 13$
3.A potential cup, and handle forming
The market is nuts right now+this is a volatile stock, if it goes below this range, i'm not touching it nor at the moment. ( Unless there will be a big bounce, and a closing candle on a daily chart above 50 EMA-18$ )
So we have:
1. A potential retest of weekly 21 EMA
2. Closing it's Gap at 13$
3.A potential cup, and handle forming
The market is nuts right now+this is a volatile stock, if it goes below this range, i'm not touching it nor at the moment. ( Unless there will be a big bounce, and a closing candle on a daily chart above 50 EMA-18$ )
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