LDI Should I Buy

LDI is not a good buy right now for an impatient investor. The technicals remain bearish (negative, expanding MACD) and price is trading below the key S1 support area, while fundamentals in the latest quarter were weak and the only notable Street update is a Sell rating with a modest $2.40 target—leaving limited immediate upside versus downside risk toward the $2.15 support.

Trend/momentum: Bearish. MACD histogram is -0.0346 (below zero) and negatively expanding, indicating downside momentum is still building. RSI(6)=31.9 is near oversold but not a confirmed reversal signal. Structure/levels: Price ~2.30 is below S1 (2.369) and above S2 (2.147), meaning the stock is in a vulnerable zone where a bounce is possible but breakdown risk is real. Resistance overhead is heavy: pivot 2.728 then 3.087. Moving averages are converging, suggesting consolidation after a decline rather than a clear uptrend. Near-term pattern stats provided imply weak next-day odds (50% chance of -0.75%) and only modest upside bias over 1 week/month, which is not strong enough to override bearish momentum.