Looks like Support is now at ~ $0.54 - $0.57.The Previous Highs on;
Dec. 16-17, 2020 @ $0.54
Jan.14, 2021 @ $0.56
and
Apr.14, 2021 @ $0.57.
should act as good support on any further setbacks.
All Sellers across those previous 9 months, at and below those prices, are now 'under water'n most likely hoping to get back on board.
The Sellers of ~ 1,000,000 shares yesterday below Today's current low of $0.65 can be added to that group.
And don't forget about the 38,073,950 'New Owners' of 3DB shares Bot below $0.56 since October 23, 2020.
They are happily 'Green' on their holdings and most likely are looking for a bit more than the recent High of $0.84.
A little consolidation in this area is a good thing...before the market launches on another $0.60 move to start working through the $1.20 - $1.50 resistance left over from last summer's move associated with the announcements of NXO's involvement with Qualcomm, NVIDIA, and ARM.