I think it's just technical indicators coming into play as well. People made a small profit and sold that off, but in the long term it should go up.The SP is dropped below the median bollie line, and the MACD is negative. These will turn in the next couple of weeks. If the SP drops below 2.9c / 3c it might continue to decrease in price, but I don't think it will. The SMA appears to be slowly going north, which on the long-term outlook, this could be a cup and handle formation, it's too early to tell either way. Personally I think we may be seeing the beginning of some elliott wave patterns, with the first completed last week.Chart for reference:
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I think it's just technical indicators coming into play as well....
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