RE: Interesting chartI can't recommend what you should do since I'm not a broker. Personally, I'd put in a buy order at 50% retracement of the recent breakout ($0.195). I set a stop-loss order for the entire position just below the bottom of the breakout zone ($0.135).
I'd then let the stock run for a while and adjust the stop-loss order along the way later. If there's good profit, I'd consider selling half when the stock closes below the mid-channel line (currently at $0.188). I'd consider selling the other half when the stock closes below the 50 day moving average line (currently $0.134) or the bottom channel line (currently at $0.125).
It's just money management and the hope that the gainers will make up for the inevitable losers.