Thanks for answering "in a moderator friendly manner." That's...

Thanks for answering "in a moderator friendly manner." That's rather rare.
However your post is not exactly true: Spec stocks that have been trading for a few months or more can show some useful info. Especially if they have good volume. Look at the latest volume.

There was support on this weekly chart at 0.006. This support line was penetrated in September and more substantially in October and the line has now become resistance. Since it was penetrated, it has formed a trading range between 0.003 and 0.006. This is known as base building which usually results in the price going higher. However since the support at 0.006 has now become resistance, the price will need to trade (preferably on a weekly close) at at least 0.007