I dont see a lot to be concerned about here, in my view this is a normal retrace.
Currently trading at around a 50% retrace of the recent run up. There should be very strong support around the 9-10 cent level as the 61.8% fib, a previous resistance level and the 20 EMA act as a confluence of support.
The stock blew threw the bollingers on the strong run up and was ripe for a pullback to consolidate the run. The volume to the downside has been relatively very low which is a good sign for holders.
sell depth looks a little concerning but this can change at the drop of a hat. Management should definately look to give holders an update of some kind regarding there projects.
looks like a pretty normal pullback to me(just my view).![]()
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