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See it for yourself and make your own judgement.Support/Resistance:
The chart might be forming a bear flag pattern after break down from the support at $3.00. If the bear flag pattern is formed there is a chance of going to next major support at $2.50.
Indicators:
Looking at the MACD, RSI and Stochastic, there is a lack of buying momentum which means that the price may drop further. But in my opinion it might be a good chance to accumulate some shares first.
My Target Price:
It will be a good buy @ $2.50.
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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