RE:RE:$20-$22Stock remains in a downtrend, 52 week low was $15.55 was on Jan 28th. May touch it again. Haven't shown any signs of levelling off. Overall market is correcting. Bond rates are heading up, Equities down.
50 MA is $18, 200-Day MA is $23. Should consider it as it begins aproaching the 200 but only after it crosses the 50-day.
These SH conversations have occurred at $23, $19 and recently at $17. If it hits $15 then $12-$13 is the next level.
I'm new to understanding charts, but now I see why stocks tend to pop when they cross the 200 and/or 50-day MA on an uptrend (Institutions buy back) . This one has a ways to go still.