I have been following this a while but all the signs look good today. Volume very high and trades going in above the previous .60 high. Their offering is excellent as well. Turned the business around after the Woodford cap collapse which required re-financing. Also moved to a new site to service a demand they could not meet. their products are patented so some...
Looking for low risk entry. To me this has a selling climax which has tested out multiple times, yet there has been no spring yet (may not happen). Looks like Schematic 2. All ideas subject to change, understanding risk is the most important fundamental trading aspect.
Short Term: Wait before going short - following the major trend (or if the support will not be broken, there might an opportunity to go long). Long Term: Hold. The market is moving sideways waiting to resume it's previous trend or to form a reversal pattern to change direction.
Big drop due Thursday morning with potential bounce from the low. Previous :-