2 year weekly chart to see where this came from, and is going back towards.
take a look at the CMF, stochastics and Accum/dist on the weekly. you can see the impact of the seller. this stock has been untradeable for the last months. and when a stock is untradeable, there is nothing to do but accumulate and hope that either the buyers can balance out the seller, or that the bottom is already in. unfortunately, we all know that putting in a rock solid bottom takes time, time that can extend as long as the seller remains in charge.
looks like the bottom foundation is solidly in.
i could be wrong in my rendering of the chart, am often enough, but i'm expecting this to consolidate and platform somewhere around this .20/.21 area before testing that high of .34. on breaking that this should go quickly to .50. from there it's just another leg up towards a dollar.
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