2012-2013 levels

As of writting this our low (According to my broker data) is at .28
we havent been this low (todays current low) since 17/06/2013 ! the positive thing is that right after .28 there was a major gains in the following 2 months!

before that, it was 19/06/2012 at .28, dipped down to .24 ! the positive thing is right after that there was a major gain in the following 2 months!

see the trend here? the last 2 times we hit these levels we saw a surge. it appears that mid .2's are our bottom because i checked our 3 month chart and today was the first day they showed huge support (both SMA, WMA) levels for that period.

i wonder if it is the fact people just arent willing to take that much of a loss at this level? Hopefully this is the bottom of our fall and we start moving up as in the cases i showed before. It is kind of a shave however that our bottom hasn't moved up. IF our tech has been getting better (which it obviously has) since 2012/13 then our bottom end should increase.

id suggest that right now, even for a speculative stock we are majorly undervalued.