With all due newry, do you know how to draw a trend line?
This stock is definately in a major down trend.
RSI is way overbought so a technical bounce is possible but has some work to do before a trend reversal.
I wouldn't be buying and unfortunately the post by reddragon sums up what is possibly the motive.
Should have, could have, didn't. Now hoping for another chance perhaps.
Of course this may not be true and everyone selling has made a grave error in judgement.
good luck
cheers
debono
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