Chart is oversold, MACD has dropped below 0 and below previous support.
Volume has dropped off too.
Gap has now been closed though from the previous breakout level.
As the saying goes buy the first pullback, where here it is at 2c which is the CR level for $5m being raised and closed the gap technically.
Gravestone Doji candle today, represents a reversal signal when at the bottom of a downtrend, will need to churn through supply and increase volume and allow the EMA and MA lines to move through their cycle, but presents a great entry point at the CR level.
Gap ahead as well, when it Gapped down from 2.5c so that should also be filled soon enough.
