RE: retesting of $1.60Actually it could, in fact to as low as $1.58, if one goes by simply the numbers of a TA, however this is still technically a "penny stock", so there are other, non-numerical factors that influence, and given the current sentiment it is unlikely. My analysis sees a movement up over $2, although it will then sit around $2.15 for a good part of August into September. That is still Ok, though, except for those getting in at $2.10. September should see a good rise especially during the third week.