For you penny players out there... Been watching this one pull back from a nice run and it formed a Descending Triangle pattern and right on queue, at the apex, it dropped to the next support level. It has held that price now for the second day and indicators have come now nicely and I think they are ready. Entry here would be at $0.17 with a short stop of $0.15 which is still an exposure of 11.7%, a little high but you put the stop where you feel comfortable with. First target would be back to resistance at $0.205 for gains of 20.5% gollowed by its recent high at $0.26 for gains of 52.9%. The risk/reward ratio if you hit the high target is 9:1 (meaning your willing to lose one to make 9) giving it a healthy return.

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Cheers!