The downward path seems to continue toward USD 13.78.

The fundamental situation of the company remains fragile. Currently, the company is trading 2.93 times its sales, which is still a significant valuation for the company.

Graphically, we can see that the stock is in a bearish trend with decreasing moving averages, which serve as slant resistance. The security is moving towards USD 13.78 in daily data, the next support area.

Investors could take a short position to target, at first, the USD 13.78 support. If crossed, the next target will be fixed at USD 12.8. A stop loss is placed above the USD 14.68 resistance, threshold that would invalidate the bearish strategy.