Looking at the chart, E88 really are in a nothing spot at the moment with a break either way possible. The good news is that support has continued to hold around 11c, which is within the range of the initial break out candle on 5 January. There's still some interesting things happening in the pre-market action - both the buy and sell sides seem to get loaded up before trade each morning.
Suspect E88 will stay in a narrow trading range on low volumes until there's a news catalyst - either the December quarterly report and/or a further announcement regarding potential strategic investors.
E88 Price at posting:
12.0¢ Sentiment: Buy Disclosure: Not Held