Technical analysis on tiny explorers like this one is nearly useless, though sometimes fun to consider.  Look at the performance over the last year or two.  There are many encouraging TA indicators and many bad ones, too; on balance, all suggested nothing.  The same can be said of rising and falling trading volumes.

So, was the steep fall at the close yesterday just a return to the trend or a paint job?  Today's trading makes it look like the former.

Outwardly, "There is no there there," and news to come is more likely to be about another financing than anything substantively good (at least in so far as recent history suggests). 

[With thanks to Yahoo!.]