CHART Don't forget the Cardinal Rule: SELL on News, especially, when the stock went up 300%.
CHART: Right now MCAD is way at the top 0.010 (time to take the profit) and the bars started melting down. Reload, when MCAD is at 0.000, close, or below that level.
The stock may re-trace to 50 day MA, which is now 0.83, or to 100 day MA - .72. The real support is at .60.
Williams %R is also pointing downwards.
The charts are not always 100% correct, but usually they don't lie. Why? Because there are lots of technical traders, who are closely following them and are acting accordingly.