Out of the HMNY 0,0150 level, 1: 100 RS is expected. Technically, the exchange rate is negotiable. Investors are fairly gambling. Which is expected to soon be a 1: 100 reverse-split is justified. At the exchange rate, a pulse wave may be generated, for which the area is about 0.1500 levels.
HMNY arrived at the end of the big fall. Expected rebound from here. But the company came to an astonishing business environment. Fundamentally unreasonable. There are no targets for technical bouncing. That's why I'm waiting for a movement with a long, extremely reduced ATR. It's a straight line. From this, perhaps another RS (reverse-split) can bring up the rise.
movie past ... HMNY shares are still falling in trend. Neither technical nor fundamental is the reason for the turn. Now only one more RS (reverse-split) can raise the exchange rate. For the current downtrend, it is around 0.41 usd.
HMNY is the death circle. Shares dilution then RS is rarely a good combination. This was not the case either. However, those who are on a declining exchange rate can at least be calm. In this case, the stockholders have their heart broken. But let's look technically. In the exchange rate I expect a pound from the 12.23 usd level. This rate may be around 1 to 2...