Simply Inc. (SIMPQ)

[mdimport]

The increased number of investors is reflected in the chart. Many people on the sidelines watching, but they want to get in at slightly lower prices. That's why when there's a dip onto the 50DMA the price rebounds upward rapidly.

$0.51 at this point in the chart should be considered a bullish signal. It'll drive in new buyers and result in pushing the price upward over $0.59.

The alternative is to wait for the 50DMA to catch and overtake the share price which is generally considered a bearish signal.