Actually.... if one is a 'techie' , you could look at the chart two ways. We had a run from $1.20 to $2...so a pullback to the halfway point, which is very common, would bring the price back to about $1.60. However, if we look at the little blip pullback at $1.60 and the run too $2...the pullback is right around $1.80...about where we are now...a very healthy process.
Also, even if you know nothing about the technology you have to know that the stock is very tightly held with over 51% insiders holding stock plus many long term investors holding a lot of shares close to their vest. This leaves a small float for traders and no-gooders to play with. To short this stock woild be risky...to naked short it would be very, very risky because it is easily traceable due to the low float and the overall low shares outstanding, much harder to do. I suspect the trading is being influenced somehow to keep things low key. Just my opinion others will disagree with.
There will be much good news coming in some succession. If it is big news, the stock will act accordingly. Little news, little pay...big news, big pay. Gawd I wish I could be a fly on the wall at Bioasis.