From .72 to $1.44 - Retrace in progress
.72 to $1.44 = .72 increase or 100%
$1.44 - .36 = $1.08 that is a 50% retrace. (Hit low of $1.08 on March 18)
On such a strong increase from .72 , the 50% retrace isn't out of the ordinary.
After coming off a 3 year bear, it is time for this to start moving back up.