Way oversold. Should bounce to $3.40. Currently, $2.31
Way oversold. Should bounce to $3.40. Currently, $2.31
Looks like it's going to pull back after touching the top of the trend line and has formed a spinning top/doji. Keep it on your watchlist for a possible breakout soon.
Trying to interpret this chart - I think I see a bullish engulfing pattern because it appears at the end of the downtrend? Would you call that a doji just before the red hammer? At your convenience would you mind elaborating on the chart? Thanks.