30 Month Weekly Chart Here:
It has drifted towards the bottom of the long-term trend channel bouncing nicely off the 50% Fib. line at $1.72. Looks to be re-testing the BO of the DT line (thin green line), but 50 wk MA which was the previous support point is now acting as resistance. Note the RSI (Brown Arrows) and how the 50 line was also a predictor of changing direction but now the stock is below that. This test of the UT channel is significant. But, that mild bearishness is offset by the drying up volume (Red Line, Arrow). A weekly close above $2.00 would be an excellent event. A close below $1.72 would be catastrophic.