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Insight wanted for new trader
Id like to start off by saying im still very new to this. I'd like to be educated..politely please lol. I'm still not quite sure what to look for when researching a stock and the stuff I find I still need to learn to understand it further. The ticker symbol is INDO Okay the stock is at 2.75 in after hours. A 52 week low of 2.03. Longterm support seems to be around 2.60-2.70. If im reading things right. It appears that the company has grown over the past few years(educate me of how wrong I am and why if I read the income statement wrong) besides its decrease from last year. But since 2022 or so it's grown..I think I'm trying to step away from relying on YouTube videos to give me weak wins and strong Ls in my trading. And want to learn to look for my own stocks. I don't really understand screeners quite yet. What I'm saying and asking is with the information. And from a technical stand point. Does this stock look like it's safe to say this is a good entry point? Not financial advice. Purely hypothetical. For maybe a swing trade. I will not take any leaps based on information here. I just want to know if im reading the chart right and understanding the finances of the company correctly. Thanks in advance Reddit. Sorry if this was all over the place.1
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