The charts are all still looking very bullish.
Monthly- Higher highs, higher lows
Weekly- Expanding volume on ups, contracting on downs. Higher highs and higher lows. We can now draw a new uptrend now we've broken our previous high of 4.3c.
Daily-RSI still a fair way off overbought. More likely to fill the overhead gap than the breakaway gap.
If we continue lower on Monday I would remain bullish down to 3c. Remember, there's a lot of nervous emotional people in this stock wanting to take profit/loss and the recent gap down will be supporting these emotions, however, I think the likelihood of an up move is more likely.
Now that our volume peaks are much higher, I wouldn't be too worried about 100-300mil down days, I would be worried, however, if we see 500+ million down days.
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