NOT a very good chart read.
Ever hear of trading in a channel? Called ACCUMULATION!!! lol
Trading between $.78 (lowest) and $.88, last time it traded in a channel, it was $.28 - $.32, and when it took off, it QUINTUPLED from the higher price in a little over a week.
Let's see, what's a quintuple from $.88.... hmmmmm! I think that works out to $4.40! BUT... is it worth the wait of a week or two more? Some won't have the stomach or the belief. I have both!