I agree with the above analysis and would argue the stock is...

I agree with the above analysis and would argue the stock is potentially primed for a larger drop. I see people are worried about a 25% drop from the highs but no one has mentioned that high was up 288% from the start of this channel. The uptrend is strong and very much still in place although, funnily enough, we need another weekly trough to confirm it. The trend has been so strong as you can see it broke through the top of the channel and resistance and then pulled back in. The 60c level is the test at the minute but there is potential for a larger pullback, 55c is the 38.2 fibo plus the weekly trend trough,then its 48c at 50% retracement. A re-accumulation range at 48c would set it up for a big spring forward up to 90c and then 1 dollar. 

Full disclosure i sold my position at 68c on the way up anticipating this move.

As always this is just my thoughts and DYOR, trading is an art not a science.