Hi BB. it really all depends on the trend reversal point. ie when the downward trend line is broken and confirmed.
What the chart is basically saying is that sellers are exhausting which when you think about it is quite logical. The sellers have sold and there is no excitement to bring in new buyers. Assuming those that bought are holding on for better things and not just day trading then the shares volume tightens as the sellers run out. When positive news hits then quite often their can be break away gaps (assuming the news is good). If not it is possible to range sideways for a time but quite often the trend direction shifts quickly. FOMO comes into play and off we go again. How it stands at the moment I would like to see the price close above 3c several times to signal a trend reversal.
4CE Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
