Current price: 2.59
Key point: 19.57
Our preferred direction: buying positions above the $19.57 level, targeting $26.00, followed by $28.00.
Alternative scenario: stop loss and change direction by breaking $19.08, targeting $14.00.
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The stock breached the important resistance level at $19.57, with support from both the RSI and Ichomoku indicators. Therefore, we recommend opening buy deals to target the next resistance level at $26.00, followed by $28.00. In the event of a decline below the important support level of $19.08, the previous analysis will be canceled and the first support in this case will be $14.00.
