In the last 12 months, there has been a double bottom at 27.5c...

In the last 12 months, there has been a double bottom at 27.5c and a bottom on either side of that at 32c.
To get to 32c, we currently have ~690k units buying at 32c or higher. Taking that from the sell side takes it out to 44c.
At 27.5c, this requires ~965k units, taking the sell price out to 45c.

Now, obviously that very basic maths doesn't represent how the market moves in practice, at all, I'm simply hoping to illustrate the scale of movements required to retouch these recent lows.

I think there is a pretty significant likelihood that the SP will hover around this 35c mark for a few weeks, until the next ARR figures are released.

Do not take any of this as advice as, if I'm correct, it makes a mockery of my recent entry at 40c!