GHG
Member
It is approaching a strong support zone while being about to touch the primary (up)trend line. I recently started buying and will continue to do so if the price keeps dropping.
The uptrend is broken. It's under all of it's moving averages and it's declining under heavy volume. Price to sales ratio of over 70 with looming interest rate increases.
It's more likely to go to the 60's/70's than it is to make a sustained move up any time soon.