Thought I'll post an update as we broke above that 21 days...

Thought I'll post an update as we broke above that 21 days moving average, I was concerned about the low volume but at the end the sp managed to break above it. Volume wasn't really hight but the highest since the 5th of April.
Good thing is that not only it managed to get above the 20 days moving average but it also took out the 50 moving average on the 4h chart, last time the price broke above it was on the 15th of Jan at the start of a small run that brought the price to the recent hight of 14.5c. The 4h chart is not very reliable, but reversal starts from the lower timeframes so I think it's also worth mentioning that always on the 4h we had a small gap between 7 and 7.4c never filled up, I see this as bullish, the price didn't want to go at all at the previous lows at 6.7c.
All the bullish divergences are in place, indicators pointing up, small uptrend forming.

On the orders side we have at the moment: a bit more than 5Million shares buy orders between 7.5 and 8c, only a bit more than 1Million shares on sell orders from 8.1 all the way to 9c!

A good announcement and we might go straight to 10c.

All IMO and DYOR