I am not a TA expert but have started using it to determine...

I am not a TA expert but have started using it to determine better entry and exit points.

Over the past week, volumes have been low and the share has traded between a high of $1.095 (open on Tuesday) and a new low on Friday of $0.96. Previous low was $0.98 on 23/12. When it touched the new low on Friday afternoon it bounced up pretty quickly to close at $1.00. Looks to me like to SP is still testing new lows and it might be wise to wait a bit longer to see where the SP goes. Never catch a falling knife. Although I have been buying myself

Would be great to get other technical views on the TCH threads.