HITI Should I Buy

Not a good buy right now for a Beginner, long-term investor with $50k–$100k who is impatient. The chart is still in a bearish trend (long-term and short-term moving averages stacked bearishly), and earnings are imminent with expectations implying a YoY revenue decline—an event that can easily push the stock lower before any long-term thesis plays out. If you already own it, holding through the setup is reasonable; if you don’t, this is not an attractive entry today.

Trend is bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), indicating the broader downtrend remains intact. MACD histogram is below zero (-0.0129) though negatively contracting, which can hint selling pressure is easing but not yet reversed. RSI(6) ~30.1 is near oversold, suggesting a bounce is possible, but it’s not a confirmed reversal. Key levels: Support S1 ~2.467 then S2 ~2.404; Resistance near Pivot ~2.568 then R1 ~2.669. Price (2.554) is just below the pivot area—technically a 'decision zone' where the stock must reclaim/hold above ~2.568 to improve the near-term setup. Pattern-based forward probabilities provided are slightly negative over 1 day and 1 month (40% chance to -1.05% next day; -2.8% next month), reinforcing the weak near-term trend bias.