My friend said now is great time to load/add because chart say so....No one know exactly where the bottom is but 55-60 cents is absolutely great buy.... Weekly RSI is ZERO now, it can't go below ZERO, similar weekly pattern on 11/30/2021 when sp was 59 cents. Then it ran to $1.04, then 67 cents, then $2.05!
People selling at this level is foolish! They will know it two months later....
Full STO is ready to turn back up, see chart below...
On the monthly, price hit trend line but we are only half way through the month so time will tell where it ends. Of note is the decline on low monthly volume on the pullback.
Weekly: retested the Dec 2021 0.59 low but stopped at the lower BB band. Compare price action to that in the blue box where sp tried to break out of the upper band and got knocked back to the lower band and stayed there for 3 weeks before rebounding.
Daily: price got knocked to the lower rail of a steep bull wedge. Yesterday's sell off wasn't on massive volume and much lower than previous.