Note,stocks that hold ground / or dont repond to sell-off days like y'day should be observed,chart shows a little strength ,both rsi and stoc.curving upwards buy close above 1.60 imho
Yes its below 200ema ,on 5/1/24 it brokes and retraced ,today it broke and retraced,twice this month ,also the 220ema is flattening ,iykyk....on the chart its c1.85/1.90 ,also rsi indicator is up....so yes momentum is required