If you look at the chart going back a year and a half or more, this stock has been fairly reliable with the double bottom formations, there have been a few of them over the past couple years and they always had a good run-up afterwards. We look like we have one now with the 2 bottoms at .025 and .0215 with .057 in the middle. Back in the March run-up to .09 we had to bottoms at the .006 area.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.