RE: Hammer Reversal30 Jul 2020 12:47
Might be a hammer yesterday - however you need today's price action to close higher to confirm bullish reversal. And clearly it's not. Sorry, but this will fall lower imo - and rightly so. Video streaming, Covid, crappy bod, terrible balance sheet, debt, reduced revenue, will force this lower. Let's not forget court case.
Point is, fundamental analysis far outweighs technical here. GL.