An "outside day", trading both above and below yes

An "outside day", trading both above and below yesterday's trading range, on the heels of a long rally can signal a reversal,  Frankly a reversal and correction toward support would be healthy and provide buying opportunities. Another way to traverse the trend channel is to remain at .004 for a few days.

But expectation of good news could break the price to a close above .004 to possibly create a new, steeper, rising channel and eventually the cup and handle formation.

Tomorrow or the next couple of days will tell.