CLRB Should I Buy

CLRB is not a good buy right now for a Beginner, long-term investor with $50k–$100k. The chart is still bearish (MACD weakening, price below pivot), and the latest quarter shows deeper losses with no revenue traction. Despite heavy insider buying (a notable positive), there is no current proprietary buy signal and no near-term news catalyst to justify an immediate long-term entry for an impatient buyer. Verdict: do not buy now; only consider after a clear trend reversal above key resistance levels.

Price/Trend: CLRB is at 3.35 (-5.37% today), trading below the pivot (3.631), which keeps the near-term bias bearish. Momentum: MACD histogram is -0.0155 and negatively expanding (bearish momentum strengthening). RSI(6)=32.27, sitting near oversold/weak territory, suggesting selling pressure is elevated but not yet a confirmed reversal. Moving Averages: Converging MAs indicates indecision/transition, but with bearish momentum still dominant. Key Levels: Immediate support S1=3.314 (very close); if it breaks, next support S2=3.119. Overhead resistance: Pivot=3.631, then R1=3.949. Pattern-based projection: Similar-pattern stats imply a higher chance of near-term chop/down next day (70% chance to -1.27%), but upside skew over 1 week/month (+12.55% / +15.64%), which reads more like a bounce setup than a confirmed long-term uptrend. Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.