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Here you go Waymax, these are my charting observations, never...

  1. 718 Posts.
    Here you go Waymax, these are my charting observations, never seen the share before.

    Daily:

    You can see the breakdown from the main support trendline (light blue). The stochastics were heading down, so it technically was still a sell. Todays price action kept the stochastic from turning. The possible speed angle target was nearly reached.Possibly look for it to pull up around 52-48 area, as this is the 38.2% Fib level, the speed angle target, and has a number of support/resistance touches in the past.

    If this fails, look to 40 cents as the last low for support.

    Look for the stocahstic to turn up from here and stay in the channel.

    Photobucket
 
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