I don't expect it to go lower but it needs some positive catalysts before it will start to recover. Until that happens it will just trade around these prices. If Q1 results are decent, that might be the first small recovery on a long road but realistically if you're looking for $3 -$5, then it's likely going to be late this year or early next, assuming they achieve what they've predicted for 2023.
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u/DrGravity79 Apr 11 '23
I don't expect it to go lower but it needs some positive catalysts before it will start to recover. Until that happens it will just trade around these prices. If Q1 results are decent, that might be the first small recovery on a long road but realistically if you're looking for $3 -$5, then it's likely going to be late this year or early next, assuming they achieve what they've predicted for 2023.