Yes there's still a loty of losing volume to go through based on the qty bought above and around 60 cents.
Can't see this holding the 40c mark now. A likely test of 35c today. Too many people want out now.
And again no news imminent so traders have no reason to hold, could drift back into the 20's over the coming weeks.
gap closed & support on 50 day ema at 39.5c, page-2
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