i hear ya Cheds, per charts maybe but with merger finalization news expected very soon, don't see the usual selling occurring next wk, thought it would possibly touch .16 today on a friday too but seems most folks are holding .. we shall see $OMVS
You're overlooking the fact that it has held higher values on higher volume negative days (churning on higher ground). The wedges you have drawn tell me that 16's are going to get tested and more than likely hold (starting the squeeze already). I took a small sampler position yesterday. Volume was light on Friday with little movement. All depends on the notes if those supports get tested. I do have a position now so I will be posting periodically, just couldn't handle being all the way out.
Also if you could post Fibonacci Extensions for your resistance levels, you're charts would then be more neutral VS. bearish and would have a truly unbiased theme on which you claim.