The important thing to notice here is the green circel. The chart dosent look good, but maybe the two blue lines can predict a nye uptrend in the larger downtrend (the black lines). The MACD indicator maybe indicates an uptrend, but the SAR still says down.

Conclusion: My conclusion is still down, but the stock had stabilized between the blue lines. If we get a break on the black line and hit the Parabolic SAR in 14,25 it can indicate a new uptrend.

About Investor1989

Investor in stocks in about 5 years with some very good profits. Focusing on Biotech and Value stocks. Active investor...

 

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