Signals & Forecast
Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 131 thousand shares were bought and sold for approximately $114.97 thousand.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.85 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 19.67% during the next 3 months and, with a 90% probability hold a price between $1.02 and $1.47 at the end of this 3-month period.
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