Besides a technical standpoint which shows a simple EMA based entry. The RSI is in agreement as well. However, the fundamentals of the company are improving on every level. Given that there is some correction already, one can try testing entries at this level if the price holds. I think every dip can become a buying opportunity from here.
Aggressive upmove in the making if the volumes continue. The 50EMA is just being touched, volumes are rising, and weekly consolidation is forming a rounding bottom.
This is the most straightforward price action logic in the commodity stock space right now. The entire commodity stock space is hitting a multi-period low. Prudent capital deployment at different levels should be considered.
