Chart Analysis when predicting "bullish" would not work with low volume.
even bearish may not work with low volume.. but changes are higher to go bearish with low volume than it is with with bullish.
think about it, stock goes up when there is demand for it, or when people expect something will be happening soon. So it's much harder to find that demand.
On the other hand, a stock can drop fairly easy. It will take one panicked investor for a slow moving stock to drop. Panic will add to panic and more people will sell.. and there..you have it..the stock will start to move downward with heavy volume.
But so far FARE has held out pretty well in midst of having no volume..
But my guess would be it will gradually go lower without any news. (like it's been happening for the past couple weeks)
As I mentioned before lot of investors are watching this stock from the sideline.. and will jump in when a substantial news hits. They may miss a 50% run if they are not holding the stock at that point, but at least they won't get their money tied up in a non moving stock. (or see the stock going lower and lower everyday).
Also you can buy more when the stock drops..
so holding onto a stock that is supposed to move in two months in not recommended in my book - unless you've really really found the bottom, which is not the case here.