It’s broken far below the 50 day moving average (the blue line). It’s approaching the 200 day (red solid line). This is a really good buying opportunity. I’m buying more to get it at a discount.
It could sell off more tomorrow after earnings and hit the 200, but unless they announce something significantly concerning that signals a fundamental change in the business, I’ll keep buying.
It could sell off more tomorrow after earnings and hit the 200, but unless they announce something significantly concerning that signals a fundamental change in the business, I’ll keep buying.