ConneXionONE Corp (CNNN)

[kex0414]

Finally got some volume. Certainly beats the $1, $2, $7 paint closes of recent. Unfortunately, the volume is all Sells at the Bid. The 3s on the Bid have all been taken out and we're now looking at 89 MM 0.0002 Bids and the Asks have moved down from 0.0004 to 0.0003.

It would appear that rather than an "upward trend", we are looking at a three month channel that has now moved down a tick to 0.0002/0.0003 from its previous 0.0003/0.0004.

Just a reminder; that 0.0005 being bandied about as a "new high", was four months ago and only lasted for a few minutes before falling back to 0.0003.