Considering your point re base being in, the chart suggests that may also be the case. I've posted a 10 year chart with weekly bars, several averages and bollinger bands. The 50week moving average has been significant on this chart and it's working to get above it. It's over 2 years that it's been travelling under that average. At the moment there's no serious volume buying so I'd say the base is more 1.5-2 cents than the 2.5-2.7 it's sitting at but yes it looks like there is a base in place.