Hasn't broken the downtrend of the last few days yet IMO. Price could hold around the current level ~ 5 cents and turn up in a few days, OBV has ticked up and slow stochastic is oversold.
Or there is a fairly solid support / resistance level at 4.4 cents, I have a feeling it may go there and turn up.
If it does either of the above the longer term uptrend may still be in tact, or we may see a trading rang develop. Eith way it may have another run to test resistance at 6.7 cents.
Very hard to call until we hopefully see the downtrend broken and it start to turn back up.![]()
Add to My Watchlist
What is My Watchlist?