Low volume means volatility and no directionToday's trading volume (952k) is less than spectacular - roughly 1/3 of yesterday's, and no follow up in recovery from yesterday. It is the beginning of summer and seems the volume continue to trend below average like these two days. A good recovery is not in the card now. Some posters suggest to time the market on expectation of Bruce Campbell's good comments. I wish them well. Personally I do not regard any spike in sp is sustainable , if it ever happens, is based on a fund manager's words.
The charts don't lie. The immediate weakness may stay for a short while with the stock whip-saws around the $0.42-$0.45 level. On such anticipated low volume it is possible to drag the stock down to retests $0.4. When it rebounds (and I expect it to be quick) we then have a double bottom, technically a good sign. The next QR is in August and I agree with the other poster that the uptrend could start well ahead of it.
Stay tuned and stay invested.