Marking out some support and resistance levels I see.
I feel this could drop to $13-17 price range by June/July with any wider market sell-off.
If the stock does stay lukewarm based on current conditions, I think we'll see $30-35 as a key resistance levels.
The price action is almost filling up a wedge, but I feel this wedge will extend a bit longer, hopefully following the trendline upward. Either ways, I don't think we'll see $50 again in 2021 because the company has a long way to go (and grow).
For the very long-term (5+ years), this company does seem bullish from a fundamental viewpoint.
Good luck!
I feel this could drop to $13-17 price range by June/July with any wider market sell-off.
If the stock does stay lukewarm based on current conditions, I think we'll see $30-35 as a key resistance levels.
The price action is almost filling up a wedge, but I feel this wedge will extend a bit longer, hopefully following the trendline upward. Either ways, I don't think we'll see $50 again in 2021 because the company has a long way to go (and grow).
For the very long-term (5+ years), this company does seem bullish from a fundamental viewpoint.
Good luck!