The chart above is drawn by me. From the chart, we could see that albeit there is lower low in the price level, the MACD indicator shows a higher low - a divergence. Coupled with positive news regarding contract win, it is likely to experience a short term increase to the price level at 0.585 - 0.620.
The above is a little sharing from me.
Looking forward to...
We going to see the current trend is parallel and down, but the volume is getting from previous days before.
If we can see the price break 0.525 and touch the high trend line and retest back 0.525,
we will see the price break out the trend. The MACD also cross and waiting to cross the 0 line.
