RE:RE:RE:RE:RE:Seen this before I wouldn't even bother charting stocks under $2 in this sector and even there there would have to be certain requirements. Example: If an investor were to dump 500k shares then this stock would rapidly hit 70 cents and Captain would be correct. Conversely, if investors were to buy 500k shares then the stock would quickly take out $1.20 and you would be right.
A stock needs regular high daily volume with sufficient coverage to have any hope that a chart will work. And you only get sufficient coverage on a much higher traded stock like Barrick Gold ect. Why, because the bigger traders will follow chart points.
What's happening here is the chart is telling you nothing except where the stock has been. TUO's daily volume is almost non existent so no real direction can be extrapolated from data points.
These stocks solely react to news and without news then ........