The price action says alot; trend is your friend. This bearish...

The price action says alot; trend is your friend. This bearish trend is still spooking a lot of holders off.

The fact that the price hit resistance mid-April at the historical debut price in Dec 2015 (~1.70-1.80 range) and reversed downwards again is telling in some ways: early investors from 2015 just want to break even and get out without a loss. This ticker is relatively illiquid too, further exaggerating movements.

Just an observer of the charts for the meantime. I'll be watching for reversal signs before jumping in (e.g. trend break, classical reversal price action: inverse H/S, double bottoms, etc).