I'm not saying I think this will happen but seems like there is a small chance (unless we get news) that we could temporarily go down to the $1.00 - $1.10 resistance level established by previous high (& about the time Legend announced Wengfu alliance) before we bounce back up.
I just think we should be ready if that happends instead of being taken off guard so not to be panicked into selling and regret it later. Thats if it continues to trade in its past pattern. I don't rely too much on technical analysis but without news it seems technical trading might rule temporarily. Of course patterns are meant to be broken and this could be the lowest that we will ever see it. It seems most of us are fundamentalists but does anyone else have any thoughts on the technical side?