50 dma now back down to .61 above the 200 dma, the previous several days of price dip consolidation & cliff drop still confirming the integrity of the Golden Cross.
VWAP 2.71 US, Down today.
Close $2.72 US, Down today.
Volume was nearly 3 times more than the 10-day average volume today.
$3 US VWAP close was achieved on
10/29/24.
Above $3 US VWAP close achieved on 11/29/24.
Below $3 US VWAP close achieved on 12/30/24 !!!
Will there be a notable VWAP close on 1/29/30/25 ? ? ? ? (Considering earnings)..? Yeah, I'd say today's huge price drop is notable !
News on earnings announced afterhours Wednesday the 29th, followed by a conference call on the 30th.
Another leg up coming? Not for a while after today's negative reaction to earnings, but certainly a low buying opportunity for some as the stock finds a support line.
Time will tell...
Bearish