Long term downtrend but fantastic risk/reward if it can make a recovery.
Counter trend play, very contrarian, extremely risky.
Reasons to be bullish -
Big weekly candles backed with volume
RSI divergence
Make sure to do your homework on the company before buying.
Counter trend play, very contrarian, extremely risky.
Reasons to be bullish -
Big weekly candles backed with volume
RSI divergence
Make sure to do your homework on the company before buying.