QPM's in oversold territory, so expect a bounce at these levels....

QPM's in oversold territory, so expect a bounce at these levels. Surprised this sold off so hard on no news to be honest, shorts maybe testing the waters, so to speak. Worst case scenario the stock moves sideways for weeks stuck between the support and resistance lines 5c to 6c, that will allow the RSI to move back up to the median line, if that happens the shorts will smell blood and the next level of support is 3c . Hopefully 5c holds and you get a strong bounce that breaks the red resistance line at 6c, if that happens there's a good chance it will close the capital raise gap. Time will tell, best of luck.