Technical AnalysisAccording to the ICHIMOKU Cloud chart,
the SP has support at 55 cents...
HOWEVER, if it doesn't close above that level, be prepared to see this stock fall back to the 50DMA @46
after that, the next support level will be at 40 cents, which is the top of the Kumo Cloud...
I sincerely doubt that it will go below 35 cents (the bottom of the cloud),
so be wary of the ultra-doom bears on here...
Coupled with the RSI in a down trend, and the MACD rolling over,
this stock is looking at some capitulation to the greater and immutable influence of the market...
In any event, prepare for some volatility...
and get ready to back up the truck...
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