Headbanger, I am not sure where your chart comes from because mine shows trading, and close at 25 cents early March this year. Since then the price has largely tracked sideways for the last six weeks, albeit that the 30 day moving average is still ascending. The volume over that period has been relatively small.
I would have to say that my knowledge of charts is not particularly advanced and the strongest information I retain from my learnings is my fathers advice, "don't put the chart before the horse", but it seems to me that the share price may either break to the upside or downside, but that the probability to the upside is greater. A chartist's perspective would be welcome.
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