Hi Harley, I agree with you but would make two observations. 1) CZI is a little atypical of most developers since it has a different funding mechanism for it's project and demonstrates a lower volatility than most of it's ilk (maybe reflected in the top chart). I see the orange line as dominant. 2) because it is a developer it should have significant volatility and broad bands like you've shown on the second chart.
Bottom Chart If you project the price shown a the top of the bottom band from the bottom chart you get say 17c a decent target post the PFS (two bagger from here) and not far away. If you project the top of the top band from the bottom chat you get say 30+ c. A four bagger and a decent target post DFS and funding. Note we got the top of the top band in Nov 2017 with release for the FFS.
I'm not a chartist but in general I'm happy that we held the lower band recently and can challenge the upper band on fundamentals.