Looking at the chart yes .02 seems to have set a platform for support. Today gapped up to high, which made the move to difficult to support. Buyers were all in and done in the morning and dried up thus sellers reluctantly came down to meet the buyers in the que.
.025 looks to be the point of most likely support and new buyers on monday could easily take the price back up. It is noted that it is only in the last 3mths that interest has come back into this stock.
Speculation and increased recent volumes could make great opportunities in this stock, there seems to be a new mini trend setting up, higher high lower low.
Recent positive outcomes - Joint venture - Raising capital - Aids persons respond to treatment
All leads to potential of positive speculation, regardless of what has happened in the past. New traders and investors will enter as the past will leave. This stock is purely speculative at present however that is where the money is lost or gained.
STI Price at posting:
2.5¢ Sentiment: ST Buy Disclosure: Held
