way too oversold

Now if a stock gets sold down 36% in 6 sessions and hits the bottom of the stochastic I reckon it's TOO oversold. The MACD is stil positive because of the lag, histogram has turned, but the rate of decline of the stochastic suggests to me that this has been sold off too quickly and could possibly bounce from here. Look whats happened every other time the stochastic has hit the bottom, a quick upturn response. That's why I'm in the line for a buy @ 34c.

True, the current chart looks pretty scary and it's going against my 2nd trading rule NEVER buy a stock under its 13 EMA...but hey MAE continually breaks the rules and I'm taking a chance once again with the most frustrating stock I've ever held. 34c seems like an opportunity too good to past up considering whats just around the corner, IRR, sale etc. So here we go...MAE only for the brave :)