Markets close on new 52-week low. What next? We're currently in between support levels and we're in price discovery mode. There is a slim chance of getting a newsworthy update before the end of the week but in all likely, we'll be searching for the next lower support level for the rest of this week.
Heartbreaking to see Nano trading at these depressing stock price levels but all we can do now is watch the markets search for a bottom.
A real test for shareholders. Breaking below $2 was surprising. But breaking below $1!? That will really test the resolve of shareholders.
Based on current trading volumes doesn't look like many in our community are buying either at these low levels. Either people have run out of cash, or people are losing confidence. Sad times to say the least.
good luck to all the longs.