Trading patterns, page-3

Well here we are again, still following the trend down & now at the bottom of the box.
Will it go lower? Who knows but placing an order at $0.23 might have been a good idea.
The chart was as at 1110 am today.

As the gap is only just below the box and meets the down trend line I wont be at all surprised to see it filled. Gaps don't always get filled though.

The volume traded for the last 4 months has dropped right away, 45m for Dec. 32m for Jan. 13m for Feb and currently about 4 m for March so it would appear that selling pressure is easing.
Seen on a weekly chart it looks like $0.235 - 23 is support so I would be expecting a bounce here even if temporary.

Looking at the weekly chart it looks like any bullish triangle continuation patterns would now seem close to being broken to the downside which may indicate a drop down to $0.20.
Cant really see that happening though it could happen if we don't get some news soon.
Over all it looks like good day to buy some I think.