With all the legal controversy and lack of news lately, I'm pretty skittery watching trading funnel into that triangle tip. I've seen the bottom fall out in big ways when bears drive into support like that. We've been riding the bottom of that triangle for days and could fall through to $.08 or lower to make a double bottom with mid-April price levels before the ABC correction truly finishes, if today's momentum kaputs thru the week.
BUT the chart's also well primed for a news catalyst since bears are too exhausted to resist a new wave of bulls. These are exciting times! :)