Wow. The chart sure looks ugly right now. Intra-day low at 7.8c now. If it closes under 8c, it will need to find new support level, as 8c was last known level of support.
Positive divergence still there, however the overwhelming negative response from the market re results update should playout first before entering this super risky trade now.
The market is clearly saying: "Pay off your debt first, then fund your shenanigans from your cashflow. And 'No!' Your mention of blockchain or crypto in the results update will not triple your MC!"
Looking for support at 6c and then 4c in the worst case scenario, as that would imply market cap of ~14.5M and ~10M respectively, which would make more sense.
Change of sentiment to HOLD.
CM8 Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
