.560 -.569 supports today are holding so far with numerous

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.560 -.569 supports today are holding so far with numerous resistance levels (if volume picks up) at .0674, .0748, .0752 all of which are SMA resistance levels,Currently, the SMA100 is working its way above the SMA50 and heavy resistance can be expected when these two cross and without high volume to close above them (when the cross) is likely be another reversal point. NOTE the trading range that started on 5/29 is still in a downtrend and trading since that date still continues within this downtrend range. Today would need to close above .0613 to breakthrough this downtrend.

MACD currently showing heavy selling while CMF indicates these shares being bought up .056 -.0585 range although we could see the mid .05 supports soon tested, .0503 is the bottom of todays trendline, if the mid .05 supports fail.

IMO, it is likely we are continuing to see more of the formerly restricted shares entering the market and it is unlikely that shorting is the reason for price action. Because the quantity of these shares were originally in the hundreds of millions(add up previous months that became unrestricted) these large blocks continue being sold and are holding down PPS.

In addition, it would make business sense to sell to (1) sell off shares and then take some of that cash (insiders) to refinance activities (as lenders /profit sharing agreements, etc..under new names) and (2) sell off shares prior to license causing the PPS to bottom out then use accumulated cash proceeds to buyback shares.

Also, IMO,The best thing is to continue accumulating as close to the bottom of trendline support as possible. The share structure is a double edged sword and presents great buying opportunities for long term positioning.

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