Support/Resistance:
The graph seems to be forming a bear flag pattern after a big fall. If the pattern succeed in forming, we may see more down side.
Indicators:
Looking at the RSI, MACD and stochastic, these three indicators are falling which mean there is lack of buying momentum.
My Target Price:
My target buy price will be $2.01.
Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.
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