As I stated several times in the past month, I believe the bottom has been put in a month or so ago and $.70 should hold . This doesn't mean a reversal in intermediate and long term trend is in the offing. What is does mean is a base is building with an upward bias.
$1.00/sh needs to be exceeded convincingly, remain above in order to change the intermediate term trend. In the meanwhile more sideways would be good with a hint of upward bias.
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