Liquidmetal Technologies Inc (LQMT)

[u3ratsinabag]

Below is the weekly chart potentially showing a descending triangle reversal pattern, which is a "measured move chart pattern"....so we can make substance-based projections! If it were to break out today, the target would be $0.49

Here's a snippet describing the logic from: https://tradingsim.com/blog/descending-triangle/

5. Descending triangle reversal pattern at bottom
The descending triangle reversal pattern at the bottom end of a downtrend is the opposite. In this case, you will find that price action stalls at the end of a downtrend. A horizontal support level marks a bottom in price.
Multiple attempts to the upside lead to lower highs. Subsequently price action eventually breakouts to the upside from the descending triangle reversal pattern at bottom. Unlike the strategy mentioned previously, in this set up, you can trade long positions.
Traders can anticipate a potential upside breakout and trade the pattern accordingly.
Descending triangle reversal pattern at bottom
In the above chart set up for Goldman Sachs (GS), you can see how price fall to the lows establishing support. The horizontal support level holds the declines where the bounce off the support level leads to lower highs.
Eventually, price action breakouts from the sloping trend line. Measure the distance from the horizontal support to the initial high and project this distance from the breakout level. The projected distance becomes your target price level.