Well, the market bottom was really back at the beginning of October. Since then the stock has been in a very strong bull market. So much so that this is now the first time since October that the Stochastics on the daily chart have dipped into oversold territory. The Price appears to be groping to find support in the vicinity of the junction of the 50 and 84 day moving averages and even though the MACD is still heading down, there is evidence of bullish tension building so, in my opinion, the 84 day moving average is probably as low as the price will get and it may have already found support. I suppose that $1.40 could be achieved but, in my opinion that is not likely to happen. I would say it looks good for another leg up. I see no evidence of a market top.
News 
Market Data 
Discover 
AI
