Today's announcement was a game changer imo.
Regardless of short term price action, some key price points are:
- the local downtrend channel (think this was 95c ish and was taken on volume and re-tested mid-day)
- the mid term downtrend channel (this currently is around 2.30)
- all time high around $3
Hopefully, it reaches those levels.
On the downside, and for the short-term play (if applicable), we have the gap from today (always best if filled), and then the CR level.
Ann: $25.5M Machine Sale Agmt with Global Defence Manufacturer, page-63
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