Prices near long term uptrend Fib ratio of 0.236 (2.3x) which can be seen as a strong support level
Volume appears to reinforce support at current levels
Below this level, next support will be Fib 0 (1.8x) for the Fib Elliot uptrend to continue
Full blown black swan level downtrend could bring prices to 1.6x
Personally I think the market is currently willing to support at Fib 0.236 (2.3x) levels, pending further company performance and macro conditions
Their debt levels are a concern
As always, gentle reminder to dyodd.
