Can't argue with you on that....obviously a down trend. But are you factoring in the (very) low volume lately?
Of the 10 lowest volume days since since Bill Parfet came on board in November with $9.6 million shares at $2.40 - nine (9) have been in February.
I just don't see - without any 'bad' news emerging - how the 'trend' would result in a drop in share price back to $2 - which is lower than the $2.40 per share price at which BP was happy to come on board. And today we have seen 4% up - with an announcement due in a few days.
Without wanting to criticise - I wonder if your analysis is just based on the slope rather than what is happening behind the slope.
All good food for thought though.
PO3 Price at posting:
$3.69 Sentiment: Hold Disclosure: Held