Daily chart....
.008-.011c is the trading range on the daily and weekly chart... if momentum indicators are anything to go buy we are about to break out and upwards from this range. 006 is the long term bottom and is the lowest it has ever traded. For it to retest .006 would mean we have broken into a long term down-trend and then of course we have broken the current uptrend. Why you guys think it might have to break into another downtrend before breaking back up sounds a bit ambitious and is something i personally can’t see regardless of any of the fundamentals... technically if it did touch .006 then there is every chance it will touch .005 and then .004. Turn the chart upside down because making new highs is the same as making new lows... the more the chart tests them the more likely they will break!
Everything on this daily chart is pointing up same as the weekly. 008 has proved a very reliable support line long term on both. If markets get ugly it could touch on .007, but i doubt it would trade any real volume there again unless something goes really wrong with the company itself.
As they say; invest in companies and not markets. ANP has bucked the market trend thus far which really speaks for itself...
JMO and Good luck!
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