Good call, woozlecat. The SP is a long term thing.
My thinking - I am looking for this stock to rise to maybe $4.50 this year. Of course more would be lovely $5.50, $7, whatever, no arguments from me, but I'm talking "jello guesstimate" here. So a 200 cent rise would be an average of 0.9 cents per trading day. If it's up 10 cents one day and down 9 cents the next, everything is fine.
Of course, in truth it move in fits and starts - up 30 cents in a go, and then a period of base-building. I traded options for a few years, and the lesson for me was 51 gains against 49 losses, slow and steady.
I am not a chart fanatic on KXL because this is not a soap company, selling the same thing in new packaging year after year. KXL has a narrative, a story. That said, the chart looks great. Ups are confirmed by more volume than downs, even though the volume isn't huge. The lows are inching upwards. Looks like a nice solid base. Metrics including OBV are positive.
I have plenty of work to do in the meanwhile, so I try not to look at KXL too much, even though hardly a day goes by that I don't read this board!