Penny_Ta: you have to look at all indicators. Not all cup/handle formations come in the perfect form. The chart obviously is screaming cup and handle. With news on the line, it could explode parabolically past res points well into pennyland.
Oh chit it's going to .0001!!!
.0018x.002 about to break resistance!!!
We're heading for pennyland!!!
No, wait, nickelland, pick up some more!!!
It's going to a friggin DOLLAR, weeeeeeeeee!!!
BS bid whacking and it's a good buying opportunity!!!