This is how the chart looked when I bought in last time(pretty sure that last candle shown was the day I first bought). I could have bought in that first base around 6c but it wasn't overly liquid and I knew nothing about the company so had no reason to get involved in an illiquid stock
Shorter term view of the above (it still wasn't liquid but I'd seen how little selling there was through the covid crash = a reason to get involved)
How the chart looks now from a long term perspective .. I've circled where this stock likely is in it's bottoming phase ... it won't necessarily need the same length of time but I'd be betting at best this is a H2 2023 trade, if not 2024
I buy uptrends only, when stocks get destroyed like this they almost always take a long time to bottom and rebase, I'm happy to miss the first 100 - 200% of any new uptrend for the certainty.
The funnymentals mean nothing to me from an investing perspective, I can only make money if the stock price is going up
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