2. I've bought at 1.47$ and kept adding as long as the chart is above the very very strong support level (the green line - the bottom of the triangle).
Why I did so? I did it because as I said this support level has proven itself to be very very strong, but a very good reason to but at these levels is that the chart has approached to the 200 days EMA (Yellow).
The 200 EMA is usually a very strong support line in general, and specifically at this stock (as you can see in the past).
3. The volume in the last few days is extremely low. Because of this, the stock price is easy to manipulate, and if you look the past of the chart you could see that every time the stock is near the bottom of the triangle the volume is extremely low.
4. The company said that an earning report should be dropped in august (so a near term catalyst is also very important)
In my opinion very big players are loading the boats at these levels, and they do this quietly, I upload an update when an important thing will happen to the stock.
