We exited AUDC in November 2021 after breaking even on the trade. The move was a good one as the stocks has tumbled around 30% since that moment.
However, now price is approaching its 200-week line so it might soon start to find some support and maybe won’t continue to be so neglected.
For now, it is on our watchlist and we will wait to see what reaction price has at these levels before deciding any action.
Let’s go trade!