Your opinion based on fundamental market sentiment is valid because all opinions count. I applaud your enthusiasm, we could use more of it on this board.
I can't predict the future looking at a chart...no one can. All I'm trying to say is that it is VERY important to use all the available technical analysis at your disposal because it will make a huge difference in the outcome of your bottom line.
Based on the chart, I'm not saying the SP won't go up in the future. I'm saying that there are certain things that have to happen in order for that to occur. This is helpful for new investors that are looking to open a position and want a starting point, and it is helpful for current investors looking to average down if they are in at a higher SP. At the end of the day we end up with fewer angry bagholders and more happy shareholders, which is beneficial to current longs like you and I (less flipping, more stability, new investors).
For this one, in a nutshell a daily rise and close above 0.030 should lead to a retest of 0.040 and beyond. Just my opinion. :)