Price will usually revert back to the last cap raise price...

Price will usually revert back to the last cap raise price before it moves forward, so it looks a test of supply in the mid
20s (25c was the Cap raise, albeit a small one at that only $1Mill was needed) Strong support in the mid 20s and dominant candle is green which is Bullish. 80plus% SOI owned by the Top 20. When Top 20 is controlled more so by
larger entities there is less volatility usually as they tend to have greater lets say awareness of what could be happening in the background. When Retail Investors control the float the stock is usually easier to manipulate by deeper pockets as they go stop hunting, use capping tactics etc Next 3-6 months are exciting times for shareholders.



Please DYOR as this is not a buy or sell recommendation.

Cheers
GF