FSK Should I Buy

Not a good buy right now for a beginner long-term investor who wants to enter immediately. FSK is deeply oversold (RSI6 ~18), but the broader trend is still bearish (SMA200 > SMA20 > SMA5 and MACD histogram negative and worsening) and options positioning is strongly defensive (put/call ratios elevated). With no proprietary buy signals today and earnings ahead on Feb 25 (event risk), the current setup is better classified as a HOLD rather than a fresh BUY.

Price/Trend: FSK closed at 13.96 (-2.32%), trading below the pivot (14.336) and just under/around S1 (14.003), with next support at S2 (13.798). The moving average stack is bearish (SMA_200 > SMA_20 > SMA_5), signaling a sustained downtrend rather than a confirmed reversal. Momentum: RSI_6 at 18.38 is extremely oversold (bounce potential), but MACD histogram (-0.0241) is below zero and negatively expanding, which typically signals downside momentum is still building. Levels to watch: A durable turn would more credibly start if price reclaims the pivot (14.336) and then holds above 14.668 (R1). Failure to hold 13.798 (S2) increases the risk of continued drift lower. 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.