The stock opened higher than it closed, this is a good sign.But...

The stock opened higher than it closed, this is a good sign.

But the momentum is down due to more sellers selling than buyers so nothing unusual.

With less than a month away from the quarterly report/business update many people will want to get in low as possible as there's probably going to be some positive news which will see some nice gains.

The stock isn't really oversold as yet, it's been trending a little this way for the past day or so but RSI is still solid.

There was good momentum yesterday and the stock has been showing resistance around $3.70+

Many stop losses going off probably and there were many who bought high recently hoping it would continue to climb but momentum was lost as many sold profits after gaining some due to recent marketplace news spike.