I guess by your statement you dont know anything about technical analysis, and you trade strictly on fundamentals?
How can you say this statement if you don't understand technicals?
Take a look at the chart again, and ask any prominent techncial trader on IHUB their opinion on it see what they say. A wedge shows consolidation. Once the stock breaks the trendline it will continues in that direction 95 of the time.
There is NO indication of upward or downward movement
It's a penny stock. AT WORST, you lose 99.99% in an hour. And yes, that is extremely possible in the pennies. Go to otcbb.com and select top % losers for otcbb and pinksheets.