Why? I can make a case for .50 - .80... but $1.00 - $1.40 is really reaching.
And besides, when mCig does not get past .30 cents over the next 2 weeks you will be back to tell everyone to sell again before you tell everyone to buy again, and then sell again.
This seems like you pulled it out your back end. Need to get back above 24 before you can even think about breaking out to the upside. It looks like an uphill battle for the bears at the moment.