Jun. 29 at 8:09 PM
$STKH The stock is showing as oversold with an RSI around 17 on weekly . Does that mean it’s ready to rocket? Not necessarily , oversold conditions can persist for a while without a major move. So while it's a potential bottoming signal, it's not a guarantee of an immediate reversal.
Daily Chart:
It tapped the 21 EMA almost exactly and then closed well below it, which leans bearish. Volume was higher than usual but not extreme. The candle also formed a notable upper wick, suggesting sellers stepped in around the
$1.90 area — likely taking profits or fading the move.
4-Hour and 1-Hour Charts:
There aren't any strong chart patterns that stand out to me , but the Stock RSI is curling, which could hint at a developing bottom. Still, no confirmation yet.
Also worth noting — there was no news behind that small spike, so it likely was just a quick pump.
We’ll see how it plays out from here.
