RE:3 descending triangles within a larger one, support at 0.05 I think you will be in the gold. I like the TA but to know why this chart is setting up is what is important. I think MMS has a lot of paper at .05 and .06, huge amount of warrants and options. we had a good run to .12 but of course it will slide back down to the warrant exercise price if there is no news. That’s why there is such a strong baseline at .05.
MMS have the properties and the expiration has only just started. once they start showing results this will easily jump back to .12 and I expect on huge volume as the warrants get flushed out.
Management has just issued themselves more shares back at the bottom so I think we are about to get a string of news releases to get things moving again. The company want the share price over .20 and flush out the warrants, put money in the coffers and go from there. Hopefully they can do it.
my .02
Kid.