This is the type of setup im looking for Trading near its lowest levels and has a wedge down into it, would wait for break up through and backtest of the wedge trend line and last 'high' at 71.
cash levels at 5 mill and at a quick look they should be looking to CR based on their spending? So CR pump incoming. Its a bit too risky for me to buy in here but would be interested above that 71. The chart definetly looks oversold here and market cap is 24mill so theres room for more shares.
Seems like they have a quick one way move between 500-1000%. Will revisted this stock here in a couple months to see what happens.
Was a similar deal for me on NVA. MRE coming and cash levels low so is this the CR pump? 35% move in 6 days with no news is pretty extreme
