FARM has been struggling a bit lately.

The current price is around $19.9, which has already fallen below the 99-hour moving average ($20.25), and it’s being suppressed by both the short-term moving average and the 25-hour moving average—this isn’t a great signal. To turn things around, the price needs to climb back above the $20.5 to $20.8 range (near the 25-hour moving average). If it can hold above this level, there’s potential to move up to the $21.4 to $22.5 range.

But if it can’t hold the $19 support line, be cautious of the $18.86 swing low, or even lower. Trading volume has clearly increased during the pullback, indicating significant selling pressure.

Current strategy? To be conservative, unless the price can break and hold above those moving averages, it’s safer to lean bearish.