Trend Support - Key Level

I am not sure about taking a long position, given the weak market outlook.
Just sharing a few stocks I am keeping a track of which have reached their trendline support and might be a good time to accumulate in piecemeal.
GMM PFAULDR has been in a clear trendline and has reached its support and shown some bounce as well.

Not an Investment Advice. I am just curious to see how it plays out.