Some casual chart observancesDay off work today. First time I've had a good look at this for a week.
Trendline on meaningful tops- April 23 to Dec 29 to Feb 5 and extended to today. We are slowly approaching this as the 20 ema is sloping up towards us.
RSI is reasonable again
The Feb 8th gap got closed Feb 23.
It appears that bullish pressure is building.
This is pure conjecture by an amateur, but, it appears with some fortunate timing we could touch off the trendline at the same time the RSI could hit 50 and then I'm thinking of a target of $8.26.
I'm still figuring out how to properly apply fib extensions properly and would appreciate any constructive input