People need to learn basic charting. Look at the weekly.A simple...

People need to learn basic charting. Look at the weekly.

A simple line drawn from the highest tops will give you the correct gradient.
Copy that line and then run it from the lows.
You will see that on Friday, we closed on that support line.

Using Fibs, the low of 0.005c and high of 0.34c also gives a 76.4% of 0.12c.

They are both very strong levels of support.

The chart is also showing a pennant (a very bullish pattern) and is pretty much squeezed to the max so something must give.

I'd watch for a false break to kiss 0.12, then the bounce. Should get to at least 0.15, which is the 20EMA.

Should it go below 0.12 on volume, then it's doomed. Considering we're awaiting news in early April though, I think the break will be up as the smart ones get set.
Sometimes the early bird gets the worm, sometimes the 2nd mouse gets the cheese. Glad I was the 2nd mouse this time ;-)