Chartwise, far from oversold and just emerging out of overbought levels.
Today it fell through the 200 sma, and and the next level to watch is:
$1.65 --- intersection of a few fibs including 38.2% fib and (not shown) 50% of this February move---with the 20 and 50 day smas.
In bullish moves RSI bounces back up from here and so does the stochastic.
