EYE Should I Buy

BUY for a long-term beginner right now. The stock is trading down near the next support zone after a sharp pullback, options positioning is mildly bullish (puts not dominating), and Wall Street remains broadly positive with price targets well above the current price. While the latest quarter showed a big profit drop (a real negative), revenue growth and improving gross margin support a longer-term recovery thesis. Given you’re unwilling to wait for a perfect entry, today’s weakness is an acceptable entry point rather than chasing strength.

Trend/price action is bearish short-term: the MACD histogram (-0.179) is below zero and negatively expanding, signaling downside momentum is still building. RSI(6) is ~25.46, which is effectively oversold and suggests downside may be getting stretched (potential for a bounce), but it is not a confirmed reversal by itself. Price (25.23) is below S1 (25.835), implying that prior support has been lost; the next key support is S2 (~24.761). Resistance is elevated at the pivot (~27.573) and then R1 (~29.311). Net: short-term downtrend/pressure, but the stock is entering a zone where mean-reversion bounces often occur; for long-term investors, this is a reasonable buy-on-weakness area.