%% INTERESTING\ the daily + monthly candles\50dma\200dma look more bearish than that looks . Worse than screws+ nuts, because ACE + related make$ a good market in those[sells] Amazing how penny stocks tend to be worth= pennies............................................ Sorry the 50dma,200dma is down\penny socks[edit + penny stocks\LOL] tend to do that a lot
It's currently trading near the lower channel as I've mentioned previously. Let's just wait and see how it does. I would assume it would creep back up to its upper channel line at around $1.80. BTW the chart I posted is a weekly chart, so this might take a while as you can see below.