On strong watch for many fundamental reasons. In the next post.
Including Mar 3 NYSE listing repaired, & Feb 1 major cash investment, double todays price. Un registered stock (can't sell) Real big guys felt price deserve 2.60 to 2.80 common & warrants,in Feb.
Price walked down to todays bottom and a old funding deal settlement was struck, for convertible stock & warrants @ 1.89. Humm think they may convert and buy warrants if price gets back to 2.60?
If price needs support these investors both (un registered & convertible) should support the price. It's in their best interest, just like a short would fight to take it down. But theres only a 3% small short interest, so don't expect any up down battle at todays decision point price.
Most every aspect technical & fundamental says bottom bounce. Financial 50/50.
Targets: Double bottom $2.00, 1st gap $2.10, 2nd gap $2.30, triple bottom $2.45, 3rd gap $2.50 and run/retrace pop pattern $2.60. Only strong resistance is at $2.68 reversal, other weak resistance points involve gaps above.
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