It appears that, the chikou span ( green-line ) has crossed its past price, signaled a significant bullish, that might visit the 1 level of fib exten. which showed as in blue-line. However the yellow-line is also possible, due to its daily drop, but still aiming to visit the 1090 price.
Both indicators, also signaled a crossed line, expecting a bullish-term.
This penny stock tagged HEMP appears to be in consolidation at about $.02 a share. What i see myself doing here is buying at $0.02 and waiting for the rally to the 1.618 extension of the BC leg, which is at about $0.025 a share. I will trail my stops in case there is a reversal but I believe the rally may continue into previous structure high around $0.035 a...