"The chart looks absolutely horrendous making a new 52 week low at 55 cents on low volume. What your currently looking at is what’s called a low volume pullback, it can mean one of two things, that the sharpeice is beginning to consolidate at new major support levels or continue the downtrend as major support has already been broken and longer term investors don’t see value adding to their positions at a lower price given the risk to decrease the cost basis of their overall long positions, making larger holders more likely to slowly sell and allocate capital elsewhere."
Your post looks absolutely horrendous making a new mistake call and more mistake calls.