Yes, the recent meltdown in AYX has been painful to watch & experience.
That said, even with this meltdown, including today’s 6% kick in the , the stock is only back to where it was in May. That 67% rise from June through end of August was phenomenal - and now it’s gone. But that’s all that’s gone - it’s just fallen back to “support”.
Expand the chart below to a year, and the view becomes a lot less negative. (Chartists will say that it’s dropped below its strongly uptrending channel, which can be a mid-term “bearish” indicator).
no position held