Down trend yes. Falling Wedge no. It will finish when it is finished. Charting penny stocks is like throwing darts at a dart board usually. Too many variables and too little history. Some basics like oversold or overbought and basic trend lines maybe slightly indicative but even then the trends get broken that many times. If any one can trade using chart on these then good luck to them. I believe these plays are now more substance based than hype based which is a good thing for longer term players. Just my opinion of course and we all tend to post in support of our opinions or to justify the decision we made be that a buy or sell.
4CE Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held