Hi there Dirk. Good move, this is in oversold condition and has a history of not staying there more than a couple weeks. I would add over the next week especially if any ones cost basis is higher than current price. This has been in a down trend since March 13th, and if you look at JNJ stock it has also been trending down at the same time, perhaps it's a sector weakness. I'm not a chart guy but I do look at them for adding or entering a stock that I believe is under valued based on fundamentals. The volume has been very low so there is no conviction to the selling just a trickle down, although the volume picked up here Friday.
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