Historic bottom reached recently, currently climbing a bit shy but steady. EMA indicators cross, signalling potential start of bullish trend.
Also worth mention that there were positive news for Haydale in the last couple of weeks. They did sign an important deal with National Grid.
I think this a good entry for long position.
A risky trade but if RSI breaks we could lead back to resistance at 11.66p
No 100% confirmation on a bounce coming as of yet but bullish divergence looks good for now.
Bear in mind bullish divergence can happen a few times on the way down.
Weekly t-line cross with 20ma upwards could well start to become bullish so keep an eye here
Best Graphene UK company I had the experience to follow.
Always liked the company and if trend is kept this is where I see the support levels.
Placing will obviously have an impact this monday and for a little while we might go sideways till further news on this deal which might be amazing.