For the week in review, Friday's close of $1.39 has arrested a...

For the week in review, Friday's close of $1.39 has arrested a 3-week decline that started in the first week of July. In saying this, last week's volume was the lowest since mid-April. The weekly price action looked like this:
The daily chart shows a continued pattern of longer multi-day losses countered by shorter multi-day rallies. In previous weeks, the daily losses were steeper, but last week's daily loss pattern did level off somewhat:

Where previously it was a support line, the 30-day moving average has become a resistance line. Two attempts were made to break it (on Monday and Tuesday) - and both failed:



Some posts have compared UWL against 5GN; a comparison shows that both stocks have risen since March, though the scale of UWL's rise has been much greater. Each stock hit its peak in June, but the scale of UWL's fall has been larger as well. As shown on this weekly chart, UWL (blue line) has bounced since mid-July, but 5GN (yellow) has fallen: