Oversold
Stock is oversold based on the RSI. The last time RSI was this oversold was back in May 2021. The stock back then declined 18%, similar to the current drop. Subsequently, shares went on to rally more than 30% after reaching oversold levels. Long – Entry 1.62, Target 1.78, Stop 1.55
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WinningTrader : What cause the drop in May 2021?
Chiwawa1183 OP WinningTrader : Quarterly report on 5/12, after that it soared.
WinningTrader : seems price dropped was due to lessee than expected results. but the drop was too much and too long. somehow manipulated.