Bears are winning I am looking at steeping to the sidelines. This could be a train wreck, bears winning bulls not buying. Today it had to close above 4.00 to start a bullish trend, this fall to 13.70 is really bad and forming a rainbow trend.
I'm buying. This stock was down for 7 days is a row. Has a better chance of getting back to the 50 day moving average of 15.74 then going to 12. I'll buy on dips to 12.75. Shorts will get worried when it gets close to earnings in Aug.