This trading channel will break eventually. The past 30+ days is telling. $1.20-$1.65-ish. Depending on the pressure, this could break either way. If it closes above $1.80 this is going to run. I’m still hoping for one more opportunity to grab some sub $1.50s. There are a lot of new eyes on this wondering if it has the goods to push to commercialization? I honestly don’t know what to tell the investors I’m alerting. I think the tech is fantastic. But they are looking for viable companies, not cool ideas.
Getting to the big board without sustainable revs is a disaster waiting to happen. Next couple weeks will be telling as the seller runs out of shares. Management needs to have a plan to create and support momentum