This isn't the first time technical analysts have claimed superiority over fundamental research... the funny thing about T/A is that they're always right until they're wrong. News changes everything, and we're about to get news that will bust through the resistance. IMHO that is.
And you act as if that's a bad thing? These are penny stocks man, in and out. But anyways, theres some decent buying coming in which is quite evident because we are now green. If we can break that resistance at .018 it'll run.