OWC is partially being held down because of the cannabis sector. If times were good with cannabis stocks, OWC would probably be around .30-.40 right now. The sector is going to turn around soon, and the phase 1 trial results are due this quarter. We were just at .26 a few days ago, now we are likely to hit a new low under .20. The last 2 or 3 times OWC made a new low after the 3.00 run, it spiked up because everybody saw a price that was too cheap. So it's likely we will see this bottom out somewhere around .15-.18 and then see high .20's or higher shortly after. Once this breaks below .20, it will set of a lot of people's alerts and volume will pick up. Some alerts will cause selling and then buyers will come in.
Hope this helps you make the right decision.
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