I would argue the opposite...look at the weekly chart, not the daily - its all but confirmed the head & shoulders reversal.
It will be confirmed if it falls below $9.20. Price target would be around $6.20
More so, if you look at the full timeline of the chart, it's hit a double top at the most recent high - the original top was back in 2010. That makes it a very strong resistance point.
Personally, I would say if you are holding long I would be putting a stop loss on for sure.
My opinion only. This is based on my own research & analysis - do your own to be sure for yourself.
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Last
$6.58 |
Change
-0.080(1.20%) |
Mkt cap ! $2.817B |
Open | High | Low | Value | Volume |
$6.68 | $6.89 | $6.57 | $14.77M | 2.203M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7689 | $6.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.62 | 2759 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7689 | 6.570 |
1 | 6702 | 6.560 |
3 | 2150 | 6.550 |
2 | 26654 | 6.540 |
1 | 600 | 6.450 |
Price($) | Vol. | No. |
---|---|---|
6.620 | 2759 | 1 |
6.630 | 3600 | 1 |
6.640 | 6702 | 1 |
6.650 | 6702 | 1 |
6.660 | 26356 | 2 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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