Looks like a lot of dumping going on............
If this 2 support level takes more dips below the line, you may just see another drop to the previous lows of December. Nearly there and that is what the trending suggests to me.
While this is on my watch list, it gives me no confidence that the bottom has been found this time around or that there may be any significant developments promoting positive sentiments amongst those other than BAG HOLDERS. Maybe it has, but I don't see it and if I don't see it I don't buy the positive dialog.
With that said, admittedly I have some duh duh ("DD") to do and I do find USOG to be of interest. I'm just looking for the bottom as I do not like going into the RED. LOL
GL
NOTE: IMO, not investment advice. I certainly don't know anything! :)
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