Down-sloping Wedge ... bullish formation on break, page-5

@jasmac specificially, we're in the top band of a downward trend channel over the past 8 months.

Short term action is bullish, however we will need to clear about $.22 - $.23 to be considered out of the downward trend channel, and into a sideways one.

If we were able to hit $.28 over the next 3-5 weeks, then I would consider that a breakout, and into a new upward trend channel, with a target of $.40 - $.45 for the next ~3 months.

Of course, this is all based on the normal technical based price action, and does not take into account extreme fundamental drives which would result in a re-rating.