The downtrend is still strong with this one. However, there might be a silver lining on the horizon: A bullish divergence could materialize if the MACD turns upwards and confirms a higher low. Anyhow, it is quite important now that this last support won't be broken.
This company has begun its drilling in a uranium rich region in northern Saskatchewan Canada. The neighbouring explorers found Uranium on the same geological structures. These companies stocks went up 10-20X after releasing the discovery. Uranium is in hot demand right now on the lowlow. Life changing money here if they get good results.
A lot of uranium small caps are looking like this pattern. Should be more confirmation of the strong bull commodities run.