Ascending triangle formed over January and February, bear trap with bull break on the 25th. Short term price target 0.35-0.40. Close above 0.30 signals new uptrend, as support is building above trendline formed since January 2018, lots of catalysts up coming make this a good entry point on a very bullish chart.
Fundamental analysis leads to price target of 0.83 going into 2020 with predicted revenue run rate of 10mil/year. 2019 Revenue: 10,000,000 70% Margin: 7,000,000 Overhead: -1,000,000 Op inc: 6,000,000 30% tax: -1,800,000 Net inc: 4,200,000 Shs diluted: 76,111,860 Eps: $0.055 P/e: 15 Shs value: $0.83