Personally I thing we need to see some consolidation before we can confidently say the turnaround has arrived.
Remember, from a technical viewpoint (yes I know alot of u think little about his but some do use it extensively to base their trading\investing decisions), the stock price broke a major trendline when it fell thru $1.70.
I don't believe a recovery is as soon as we'd like.
Sure the price recovers a bit but only to see lower highs rather than a higher high.
I'm hoping things at least stabilise to a decent consolidating pattern, followed by a gradual pick up with the price safely above the 30 wk MA.
NOTE: My opinion is exactly that ... mine.
Please practice due diligence and research, read, calculate do more reading and form your own final decision.
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