Eklavya, it currently fallen to a major support point. Yes it...

Eklavya, it currently fallen to a major support point. Yes it should pause around here and stabilise, but no I would never buy a stock where the chart is pointing straight down. Barely even worth a comment and you shouldn't be wasting time on it now. Any stock it that situation needs a decent sideways base before investors will come back. Will probably still drift lower after a bit of stability here. But it will only become interesting after a base period and after it starts to climb. That might be months away.

It is also now exposed to selling off further in June tax loss period. Minimum July/Aug before I'd even look at a trade and probably 2018 before I do anything and even then I'd want to understand the FA outlook for the business.

(I know nothing of the FA or what it does or what caused the fall).