Id prefer not to give myself expectations but the below chart shows above the diagonal line a power move down followed by an up trending range. Then below the diagonal line you have the break down below that range and a retest of the diagonal line. This diagonal line creates resistance in 2 different ways shown as a diagonal resistance line and a horizontal resistance line - i believe these 2 will play a key role in future.
In the event the company reaches and completes key milestones and share price begins to move up, the horizontal resistance will be the first stop but i think that can be easily broken.
I may aswell share other things i like to see. Below is a simple one where 2 key pivot highs create a downtrend line, you can see we've broken out of it, shuffled abit around it which is common and had a minor retest of the downtrend line. Note though that sometimes share price retest this line again which would mean it might have a quick pop down to that level again or it might not.
Finally below, if you look to the hourly timeframe, remove the share price and add a short moving average to filter out noise you will see 2 key pivots creating a downtrend line, which again has been broken to the upside along with a retest. Meaning short term there's the possibility of short term upwards movement aswell.
Again this is my current interpretation of the chart, i think its all looking good but i also believe charts have logical but dynamic structures to account for external factors.
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