First and foremost, throw technicals out the window when you are dealing with a failed promotion as the stock needs to breath and consolidate at the new base once the frauds are done with their reckless selling. With that said and for the sake of anyone still stuck in this POS, hopefully you can have some consistent accumulation and form a new base and then it can start trading more normal based on fundamentals and then you can begin to apply technicals IMO. The other issue you have when a stock gets decimated by the fraud 3rd parties and promoters is that once they move on to their new scam, the really limit the trading range for any upside as burned victims that got snookered into buying typically look to minimize losses or simply flip for low volume, low dollar amount trades. This makes it twice as hard to let the stock flow upwards as the new cost/trading basis is much, much lower. That is why me and others laugh at people touting $0.15-$0.25 for this stock.
This stock had no reason to open at $0.35 as it never traded prior to the onslaught and that indicates IMO that the frauds had control of the float and used the promotion to liquidate at any price they could get. Happens all the time when these 3rd parties and BS promoters work together IMO. Just look at PennyStockCheatSheets, HoleInOneStocks, BestDamnPennyStocks, StockTips and other bogus sites' past deals.
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