The stock chart shows higher highs higher lows good.
The stock may preform a W shape we went from 3.8$ to 3.02$ back up to 3.41$ maybe down again to test the 3.02$ again and then go up if we will break the 3.75$ and do create a W form and break above the 3.75$ we may see the stock up 25% from there or 4.7$.As i say when we went down we may test 3.02$ again when the stock was around the mid 3$ i was righ,we did and held.
The DMI shows a cross between the red and the green lines and the green is up again crossing the red line.The mid ADX shows again a change in the trade the green line is about to crosss the mid line and this is bullish again.
The bolinger lines shows that the stock crossed or sitting on the mid line if we cross the mid line taht is 3.4$with confodence then we may want to take the upper band at 3.85$.
The stock crossed the 10MA line good sign to.
To make things more convinsing we have to get a much higher volume to support the trend.
Fibro 38.2% at 3.02$ held good sign we correct third of the up trend.
We will see if the W will shape up and if it will then watch out shorts where ever you are.