RE: CHX-buy target- my outlooktechnicaly - 5 day 15 min short term trading charts -- resistance is at $1.00 which was previous support.If price breaks resistance and maybe retests and stays above then price should trend higher assuming bounce off previous support level has some volume.4 day MA crossed the 9 day MA.
20 day MA crossed the 50 day MA.If price doesn`t move with any conviction/volume above resistance then I hate to say it but you are probably right with your targets.Level 2 doesn`t really show any real downside protection either so we will have to wait and see.Just my 2 cents worth.