Sakari: the stock looks to be in a medium to longer term downtrend, with all 3 moving averages pointing down. See support at $1.75, but it is a pivot level and a break below that would be negative for the stock.
Although stochastics are oversold, RSI and MACD are only just below neutral, implying room for further downside.
Nevertheless, given the volatility in this counter, prefer to adopt a sell-into-strength approach. Resistance is at $2.
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