Good to get some feedback!!
Agreed brenden. On that above chart, I've highlighted the wedge with some thick blue lines. We need to break above the upper line on high volume and with a closing price near the intraday high. Something to look out for in the coming week once the stock bounces from these levels.
And yes Toll, what you are seeing when the sell depth balloons out is typically known as 'capitulation' when all the inexperienced holders think the sky is falling, and thus they all end up bailing at the lows of a retrace.
We've had yet another low volume tester day just flirting with the support at 7.5cents. Sooner or later the market is going to realise just how undervalued this stock is, and when that happens, you don't want to be caught out trying to sell at these cheap prices.
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