SHMX 0.0005 Chart > SHMX is good for a "Bounce". Any time a stock falls below a "key support", especially a "Long-term support", it's worth taking on a position. Retracement "Fibonacci" levels to look for as Targets are: > 61.8% = 0.0012 > 50% = 0.001 <<<<<<<< If you can get 50%, Take it !! > 38.2% = 0.0008 > 0.0005 <----------Current price. Working from the "Price Pivot High" of 0.0021 that was set in mid-May, the above stated targets, are reasonable to expect. > I see 2- "Walk Down Breakaway Gaps", in the last 5-weeks, that will get filled on the way up. http://stockcharts.com/c-sc/sc?s=SHMX&p=D&yr=0&mn=7&dy=0&i=p63955789340&r=1340536661706