many times when stocks first come out public they tend to have rapid price decline initially ( could be a nasdaq stock, nyse stock, amex stock, doesn't matter)
then price moves back to a mean level from the over reaction
but, all of this is irrelevant..
what makes this stock and chart so attractive is the rapid decline, the nice base we have now and the volume accumulation.
the fact is we remain oversold and are ready for an uptrend cycle.
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