Everyone is going to have their own theory(s) ....those who sold have one (lower) those that bought the top (the moon), the longs just go with the flow and add if it dips.
Charts and fundamentals work together. This one reminds me of the start of ETIM and INXR a lot.
INXR didn't continue because they didn't come out with their product.
ETIM came from lower .0009 area and went to .008. Doesn't mean the story is over it's just not in a hot sector, pinky spread of .0005 causing problems, also a much larger float.
WRNW is in the right sector and with non fluff PR's it should overall continue higher for more pennies.
Charts, fundamentals and traders psychology are all apart of the game.