DEFT Should I Buy

Not a good buy right now for a Beginner long-term investor with $50k–$100k who is impatient. The stock is in a clear bearish trend, fundamentals recently deteriorated (including a major revenue/guidance issue), and current news flow is dominated by class-action litigation—an unfavorable setup for a straightforward long-term entry. Best decision today is to hold off (stay on the sidelines) rather than buy.

Trend is bearish and momentum is still weakening. Price is around 0.82 post-market after a -6.03% regular-session drop, sitting below key moving averages with a bearish stack (SMA_200 > SMA_20 > SMA_5), which typically signals a sustained downtrend. MACD histogram is negative (-0.00769) and expanding lower, indicating downside momentum is increasing rather than stabilizing. RSI(6) is ~22, which suggests the stock is very oversold short-term (bounce risk exists), but oversold conditions alone are not a reliable long-term entry signal while the broader trend remains down. Key levels: nearby support is S1 ~0.843 (currently below/around it) and S2 ~0.764; resistance/pivot overhead is ~0.973, then ~1.10. Until DEFT reclaims the pivot (~0.973) and momentum improves, technicals favor further downside/volatility over a clean long-term buy setup. 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 recently.