64 cent close today is the same as mid to late February. This is looking like a classic Double bottom. Definition of a double bottom as found on Google. "The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend. Many potential double bottoms can form along the way down, but until key resistance is broken, a reversal cannot be confirmed."
MAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
