We are close to support, but also close to breaking resistance.
Like counting waves waiting for the big one out in the surf, we can see a few rollers have come in and broken.
The big wave is about due. Make sure you have a surf board!
I agree with Captains comment however - the market is governed not by people weighing risks and investing accordingly. The market currently is on a large scale governed by fear and irrationality.
The price could easily be sold back down, but this has nothing to do with the value.
SBN Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held