Technicals in penny land? What indicators do you use? IMO, the lack of liquidity in penny stocks would make technicals pretty unreliable, this went oversold and hasn't even attempted a bounce. If your any good at trading technicals, I suggest trading the forex, it;s ALL about technical trading. In fact that's all I trade anymore.
But in almost 11 days this has gone from $1.00, ONE DOLLAR,to .05, FIVE CENTS a what, 95% loss? I've been around penny stocks for years, haven't traded them for years, and NEVER WILL, but ughhh, where are the technicals on a "stock" like this?