GNPX Should I Buy

Not a good buy right now for a Beginner, long-term investor with $50k–$100k who wants to act immediately. The stock is breaking below near-term support, has very high volatility, no positive catalyst flow in the last week, and the latest quarter shows widening losses with no revenue. This setup fits short-term speculative trading more than long-term beginner investing, so the better decision is to avoid/new-buy = no, and if already owned, reduce/sell.

Price closed at 2.215 (-5.93% regular session) and is below the S1 support (2.249), suggesting a breakdown and increased downside risk toward S2 (1.904). The pivot is much higher at 2.807, meaning the stock would need a sizable rebound just to regain a more constructive level. RSI(6) ~31.9 is near oversold territory, which can trigger short bounces, but it is not a confirmed reversal signal. MACD histogram is positive (0.0409) but positively contracting, implying bullish momentum is fading rather than strengthening. Moving averages are converging, which often precedes a larger move; combined with the support break, the bias remains bearish/unstable near-term. Pattern-based odds provided also lean negative over 1 week and 1 month (-7.49% and -8.72% respectively).