Despite the SP not going in the right direction the weekly chart...

Despite the SP not going in the right direction the weekly chart is looking interesting. The long term trend has been down since the double top was confirmed in November 21. Generally price will likely fall 150%-250% of the range between the first top and the low and the second top. Price fell past the 150% (0.26c) to 0.235c and bounced nicely from there rising 59.5% to my previous target of 0.37c, where it fell away again to a low again of 0.235c. Will have to see where the price action leads us this week, will the 0.235 hold? RSI getting into oversold territory, a nice green bar at the end of this coming week will confirm a double bottom. Short term 0.30c & 0.37c are areas of resistance. A bullish move out of the DB could see a price target of between 0.44c & 0.51c.