I was looking at the monthly chart, i am not such a specialise on charts but it appears $2 area is a very strong support line while the candle formation occuring has occurried at the bottom in 2009 and 2005, i think its called a spinning top.
however for me is the value aspect, i would consider $1.90 as interesting the question here is how much is the business worth after the turn around is implemented.
I was looking at the monthly chart, i am not such a specialise...
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