You know you're hooked on the markets when you stop looking forward to weekends and instead can't wait for Monday to arrive.

MACD is a technical measure which stands for moving average convergence divergence....and as MACD moves up it can signal a bullish outbreak, especially when the 0 line is breached.  Here's the chart....note that we're at -.005....so close.  

I drew out the YTD chart because it illustrates what can happen with a break above that 0 line, as happened in January when the PPS soared.  Of note also is that its not a slam dunk, nothing ever is.  We've seen 2 more climbs to that line that got tantalizingly close, only to fall back.  The first was in early June and we all know what happened that time, the overnight financing came out and likley (imo) those taking part shorted the stock while going long on the warrants...that's when short interest climbed to something like 800K.  The next near break came it early August, but that too pulled back.

Its not uncommon for devotees of TA, when seeing a stock climb to a Technical Resistance point...and then fall back, to see repeated runs at that Resistance Point as an indication of strength and signallying a potential break through.

Hopefully the stars are aligning.....the chart looks good to me, the only thing lacking is volume.  On top of the technicals we're waiting on any number of catalysts that could give us the breakout we're all wanting.  A thumbs up on futility, the LOI becoming a concrete agreement, lots of irons in the fire according to management....

C'mon Monday....

A final thought.  Perhaps DM could secure more substantial financing at this stage...instead of just raising 4 or 5 million, maybe he could have gotten 10 or 20 million total.  But I'm thinking he only wants enough to get the car down the road a little ways in anticipation of something huge.