I don't think this is a quick turn around downturn in the share...

I don't think this is a quick turn around downturn in the share price. My gut feeling is this isn't going to take off during the remainder of calendar 22 but who knows. In terms of Wycoff's accumulation schematics, we may only be in phase A right now.




https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method


There is no confirmation that we have reached the bottom of the current leg down.



Of course, who knows. Technicals can't predict the future, just give a suggestion of possibilities given previously observed patterns in the market, which is why it pays to buy in and take profit in multiple parcels as you perceive that opportunity is present as nothing is certain in tech analysis.