I totally agree with your assessment of the TA analysis !!!
The drop yesterday was "not bad", considering the volume was low.
Also, I did a little research this morning.
I refer you to the period of April 14, 2008 thru May 7, 2008..... during that time frame, the stock had made a bottom on April 14th, or there abouts and then staged a rally...from there it corrected downward, in much the same manner that the stock has done over the last 6-1/2 weeks, forming a double bottom.....then, the stock moved up and then down, forming a Island Cluster Reversal just as it has done over the last 6 trading sessions.....then the following 2-days were sharp moves up !!!!
I am anticipating that Wednesdays move could be an up day to test .42c,( a bold assumption on my part, I know ), and then make a huge move up on Thursday, perhaps to .88c or $1.00 or higher than that. Beware...the stock should sell off on profit taking after that and lose 50% of the gains made over those 2-days, before resuming its move up again....a good time to buy again. IMHO
See the April 14th - May 7th 2008 period on the following chart....
News 
Market Data 
Discover 
