Long fall after a disappointing study result, I think? Earnings May 26th.
Triple top noted but has fallen more than this structure would measure.
No recommendation
Sometimes when stocks gap down, price goes up only to fall again (dead cat bounce) so always good to be sure the bottom is the bottom. Gaps down are bearish and even though this gap will most likely fill one day, it is still good to get a healthy long entry level.
The market can gravitate toward uncertainty.
Triple top noted but has fallen more than this structure would measure.
No recommendation
Sometimes when stocks gap down, price goes up only to fall again (dead cat bounce) so always good to be sure the bottom is the bottom. Gaps down are bearish and even though this gap will most likely fill one day, it is still good to get a healthy long entry level.
The market can gravitate toward uncertainty.