Some Technical Levels to Watch
The short-term 15-minute chart above shows that the stock is trading in a channel between the range of $8.50 and $12.50. The chart also shows the stock has been hovering around the $10.50 level for the past 15 days.
The short-term chart history shows the stock was unable to break below the $1.50 level or break above the $12.50 for an extended period of time.
The daily chart above shows the stock was previously trading above the $12 mark holding as a support level before falling through the level. After the stock showed this level was a place of resistance where it could not get above. The stock fell further to near $9 where it found some support. Now the stock seems to be trending in a channel between the two price levels.