there is a pulse !!, page-2

If you were a half smart TA you would know that you should be saying "support" not "resistance"! Support is a key level in a downtrend and this is certainly not an uptrend yet. Support 52 week low was actually broken but you would expect support given that they just raised a lot of cash around the current level. So the company does not need to raise any more capital for awhile so it can now concentrate on delivering against its expectations whihc have been long awaited since the appointment of the very very expensive new CEO.