This stock has actually been around for 2 decades now, and at its peak, in the year 2000, it was actually sitting at $500.
ever since many ups and downs and eventually it has reached today's price at below $1.
Recently it has announced working on new tech, added new staff members, and seems to be willing to start growing again after sleeping for such a long time, the chart is looking good after retracting to 0.618fib on it's recent jump, RSI has printed a bullish divergence, and the MACD needs a small reset, therefore we might be testing the fib level once again, before going all the up into the upper neckline of the current falling wedge - there's a high probability to break it afterward.
ever since many ups and downs and eventually it has reached today's price at below $1.
Recently it has announced working on new tech, added new staff members, and seems to be willing to start growing again after sleeping for such a long time, the chart is looking good after retracting to 0.618fib on it's recent jump, RSI has printed a bullish divergence, and the MACD needs a small reset, therefore we might be testing the fib level once again, before going all the up into the upper neckline of the current falling wedge - there's a high probability to break it afterward.