I think the retracement is most likely over. The stock moved...

I think the retracement is most likely over. The stock moved from a breakout at 6.5 up to 10.5 (4 cent gain) and lost 62% of that gain (2.5 down to 8.0). Voodoo maths but it works for me ( rough fibonacci calcs). Therefore the next run should take it to 17 cents. Fib maths - next gain will be 4 c * 1.618=6.5. Breakout from previous high of 10.5 makes the target 17 cents.
Don't know why, don't know when but think it will. The stock has had a miserable performance for a couple of years and the recent activity in price tells me a reversal of form is in order. In any event, the fundamentals on the compoany are very good and I see it as undervalued when compared to peers (geotherm and to a lesser extent, Geodynamics)
Good luck.