Nothing has changed that is not shown on that chart. That is what a chart does, it shows the price changes along the way as the market takes account of the current circumstances. Don't write of charts so quickly, they are a valuable tool. Also, you see patterns repeat enough times you get to understand the accumulation/distribution patterns that occur eg the cup and handle/small ascending triangle below 2.5c is one of my favourites as they regularly occur at the beginning of BIG moves - one I recall, as it was the stock that made we watch for that pattern again, was LNC just above $1 from memory, before it continued on to $5 or so. Look back at a few charts that have had good runs and you'll find a similar setup elsewhere quickly
And don't think this stock is atypical
