Will be good to seeThere's a small mountain to climb
It will be a significant event when the stock moves back over the 21-day and 50-day moving averages.
They're very tight, with the 21-day MA sitting at $2.512, and the 50-day at $2.537.
Obviously, that event will largely be the result of those averages coming down, with the 21-day MA dropping considerably faster than the 50-day.
Nobody knows when that day will come, but when it does it will be an event applauded by even novice technicians.
It bears watching how long it takes to do it, and where the averages are when it does.