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Support/Resistance:
It is near support line of $1.23. If this support happens to break, there might be a chance that the price will fall to $1.10. The graph is currently within the minor downtrend lines.
Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators continue to go down since the past few weeks. If it continues to fall next week, it will provide a good buying opportunity.
My Target Price:
My target buy price will be $1.10
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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