No change in view. The pattern looks false bear flag (more clear on daily chart), and further, the gap move is far to quick and large. The RSI is very low for the weekly chart, and daily chart low as well. The share is well oversold, and I expect a move back to $ 285-305, and that is where the profit objective will be placed. No stop-loss as I feel we may be tricked out of it.
we will add on further weakness if seen.
we will add on further weakness if seen.