I still have a feeling it will turn around. I'm happy with my...

I still have a feeling it will turn around. I'm happy with my risk levels to let it play out for a few more weeks / couple of months, if it starts to look like buying is going to take over I'll add some more.
To me the volumes are the key, if it had no hope we would be seeing a lot higher volumes as it broke out yesterday, but sellers appear to be non-existent. Just needs that spark to entice a few buyers back and the low float will take care of the rest.
The 1.6c level was a good level to draw some volume out but they just got nothing, they might have to wait for news to wipe a few lines on the way up.
Appears to be in a descending channel rather than horizontal support. There was zero follow through on the break down, so I'd expect a bounce from here. Assuming the bids at 1.3c are mostly genuine then it'll take pretty deep pockets to force it much lower.