For me I'd be wanting to know why it just hit a 12 month low and just how temporary that issue is. I don't think there's anything on the chart that makes it a screaming buy (but I've been wrong before).
Purely from the chart its been in a fairly narrow range (for this stock) for about 3 weeks or so. The price is below the 50ma which is below the 200ma which indicates a downtrend. As I said there's nothing there that says it's about to shoot up the way. It's just as likely to go down or keep going sideways for quite a while.
Personally I probably wouldn't have jumped in until the price came out of that range and started heading in the right direction. The only exception I would have to that would be if I were going to hold it for a few years and build the position. In which case I would know why it was down and what I'm expecting to happen for the problem to be corrected. That would also let me monitor the news releases/reports to make sure that the problem really is being resolved and not just bleeding my hard-earned equity away day by day.
