Without knowing anything about the fundamentals of this company, I would really be looking for a little consolidation (trading at this level for a while with reasonable volume). Being so far below it's 200MA (200 day moving average) there isn't much of anything you can call technical support. I would like to see the OBV (on balance volume) charted and positive for a few sessions at least before I would buy in.
The only other catalyst I could see is really good news or a potential buyout that would heave me moving in.
Good luck and welcome to the forum.
