I don't believe in charts too much when it comes to highly hyped pennies or ones have just had a huge drop or rise. You're going by intraday prices many don't believe in using only closing prices which would drastically change that chart and subsequent viewpoint. This is tetering on support as we speak. No news and uglier it will get.
"Pumpers are like hookers it all sounds good until you get burnt....don't believe the hype it's pennyland!!"