We've had the initial Cup & Handle Pattern & subsequent breakout - exactly to the theory.
Now we've just seen an A,B,C retrace (W2) which was halted at the Cup & Handle breakout line for a fleeting Gap Fill.
This was also the 50% retrace level of the (W1) Impulse.
Should push on now (W3) with a target of $1.41
I suppose that after consolidation de price would be go down to 0.1 or less, because the next step of the company, is an non brokered private offer of aditional 20.000.000 shares, more than double post consolidation total shares outstanding.
