opinions on recent weakness - opportunity or trap?

seems to have broken recent trendlines on relatively low volume which suggests a lack of buyer interest rather than huge selling volume. no shorting, no announcements from insto's or directors re change in holdings. no news about the company or the broader industry.

seems like a very strange chart to me?

any fundamental or technical thoughts from holders or the wisemen and wisewomen of hot copper?

looks like 2.00 is a critical level here, so will watch it closely the next week or two.
if it holds 2.00 and there is no news ir announcements, i think this will be a compelling accumulation opportunity with grossed up yield over 10% with divi growth expected over next 2 yrs and pe <8 and peg <0.5 and ripe for a short term bounce as well as long term sp growth.

the only negative explanation i have is perhaps some insider knowledge or major insto/ director selling.