Broadway is currently trading within a Rising Wedge and seems that Broadway stock price rebounds after hitting the wedge support. Next immediate support is between $1.03 to $1.05 which are the 200D MA support and 78.6% Fibonacci Retracement Support. Broadway current PE is about 7.3.
the pattern looks more line an ascending triangle to me rather than a rising wedge…
Broadway broke down!!!
Rising Wedge support and 200D MA support broken! Price target for this breakdown is $0.80.