last year when we touched a new 52wl the bullishrsi divergence was broken, but shortly recovered and remained on its path the stock gained 175% towards earnings . Could repeat imo. Not investment advice
Interesting. I've picked up a few shares at 0.54, figuring that my analysis would have had me buy at $0.61, had I noticed them earlier. I still do think there is a possibility that it will post one final low before moving higher, which is where I will buy a second bundle of shares.
On the left of your chart, you can see that there was already a clear uptrend in progress. Currently, we see no uptrend, but bottoming action.