i saw the green arrows as points of resistance, and its been rallying recently in general, but at those points the price dropped pretty significantly after each test. on the MACD chart u can see the MA flattening out which probably indicates that the bears r going to probably take control. the blue lines show the lines that its been tested at and the first major support is $9.42, the next major support is at $9.20ish if it breaks out. The RSI is nearing the tip which means that its overbought slightly which will signal a selloff by bozos. the trend has been doing so well recently but i rly think theres going to be a dip/correction before rallying again to new highs
FLAWS: My analysis was done a short time frame, will take into more consideration about having a longer period to draw on. However, my hypothesis still stands as the stock seems slightly overbought.
FLAWS: My analysis was done a short time frame, will take into more consideration about having a longer period to draw on. However, my hypothesis still stands as the stock seems slightly overbought.