Also, if we close on the low today, its now in very unknown territory.
RSI heavily oversold to a point we were at pre HS and Hologic news (middle of the graph), lower than the previous low post FDA approval dump (red line) and nothing seems to be improving except for the fundamentals of the company!
The AU market is just completely unwavering in its commitment to lithium/mining that people cant be bothered investigating the real potential of stocks in the short term.
The frustrating thing I see is there is likely a long climb back to .10c with people offloading who accumulated in the last 4 months as well so it will take just as long IMO to recover back to .10c.
What news could come which triggers a re rate back above .10c?
A massive order of product? AUS distributors of the product? New product release outside of Febridx/Viradx?
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