Technicals, page-26

My near term TA analysis:

1. needs to hold support 60c and then 46.5c

2. first step is close above resistance at 80c = possibly form reverse head and shoulders pattern

3. second step is $1 and/or 200MA - currently similar approx $1.05

4. Borderline MACD bullish cross over - pray hard long term shareholders

5. Feels like building a base - if can be a U shape that would be very constructive

Ultimately this is a news driven not chart driven stock so we need more positive news plus money in the bank or Director buying.

Goes without saying that new lows will cause much angst and possibly more capitulation of the chart - JL will need to do much explaining. I am quietly hopeful up until that point.