we lost important 170 level this week as well as 200 day, and while i wouldn't be suprised to see a bounce to either of those levels, DONT GUESS WHAT PRICE WILL DO!. 5 and 10 smas are diving above the stock. no reason to cover until it closes above one or both of them . This looks very ugly and likely will make a new low.
Disclaimer. I love this company and the multiple is attractive, but i wouldn't buy this with someone elses money right now. don't catch a falling knife. well get a signal if its time to go long.
looks very likely a new 2 year low is coming
Disclaimer. I love this company and the multiple is attractive, but i wouldn't buy this with someone elses money right now. don't catch a falling knife. well get a signal if its time to go long.
looks very likely a new 2 year low is coming