RE:Closed @1.39? Lowest, broke the previous low@1.40jdgreat1, I share with your frustration and agree with your long term assessment and plan. Please take a look at the 100 day MA. I find that the 100 day moving average works best for stocks that have a 1-3 month recent change in activity. That puts this at near $1.25.
As for today, $1.39 is now the base of the Feb 3rd breakout from $1.38 and was tested on March 5th at $1.40, as you pointed out. Volume today was relativley low for Jan-March historical data but the highest since March 10. I don't see $1.00 anytime soon and would back up the truck if it did. I think we will find support as far down as $1.25, down another 11%. $1.25 was the calculated downside risk I was taking when I was slowly averaging down and would put another buy point there.