Let's put aside the talk about overbought and oversold for a moment and discuss fundamentals.
We were supposed to get some word last month. That word was "by the end of July." Now it is approaching the end of July, and not even a rumor of a word.
Can the stock take another, "Wait until the end of next month" again. I think not, but who am I?
Have a great day, soon this will all end, one way or the other.