That perfect cup with handle breakout failed. With the current market environment, it’s almost impossible to regain momentum. There’s even no hype for this stock. Even with the promising fundamentals.
Its important for this stock to hold its price above 0.90 else it will continue to trend down.
-Long Term Pattern: Cup with Handle – failed breakout
-RSI: approaching oversold
-Stochastic: bounce from oversold
-ADX: trending down