5th Failed Rally in-one-month, Strong Downward Momentum
No strong support below .003 all the way to the Bottom.
A temporary retest of the .0015 area again, is more likely than ever before.
Only Strong Financials reported after the Certified Audit is completed, will satisfy the Market at this point. Isn't that a few weeks away?
ATWT has fully outlined it's business model in the past few PRs. Distributorships, an insurance endorsement, trade shows, etc. Did it work?
The Market wants to see if these objectives and strategies have produced PROFITABLE RESULTS. With units SOLD, well into the multiple thousands.
If so, shareholders who can afford to hold their shares will see them rise accordingly. As more units are sold , the PPs will continue up quarter by quarter, with small tradeable dips that will allow the accumulation of even more shares over time.
If not, shareholders will have to hold their shares until the next quarter that shows PROFITABLE RESULTS. Before a sustainable Rally can take place.
At prices below .003, The risk reward ratio favors those shareholders who can afford to hold. You could lose half your investment for awhile, if/when it goes to .0015, But a Rally back up to .003 would probably happen immediately. Another Rally up to the .006 area is possible short term, even if the Numbers are unimpressive, but at least show some measurable progress.