The price is close to touching the bottom bollinger band and with an RSI value of 39 (the median being 50) to me indicates it's way oversold and should ideally bounce of the bottom band making a reversal in trend within the next week or so. Roughly I think that would be off a base of around 8.5c.
In contrast, if the share price closes below the bottom bollinger band and stays below a few times, it will more than likely keep following it's downtrend to much lower levels. The RSI value is the key telling me it won't, but stranger things have happened. This will likely occur if everyone starts panicking. Cross fingers but given the fundamentals, time for bargain hunters to come in imo.
AAR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
