I dont get what this pattern is ?

[SunTrader]

Go penny go. Go go pennnnny.

 

[murray t turtle]

It basically retraced after hitting the upper channel. Unfortunately, the channel slope is still pointing down, so I can't say it's bullish yet. If you plan to accumulate more shares, wait until it retraces back down to the lower channel line.

View attachment 307715

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INTERESTING\
the daily + monthly candles\50dma\200dma look more bearish than that looks .
Worse than screws+ nuts, because ACE + related make$ a good market in those[sells]
Amazing how penny stocks tend to be worth= pennies............................................
Sorry the 50dma,200dma is down\penny socks[edit + penny stocks\LOL] tend to do that a lot

 

[schizo]

%%
INTERESTING\
the daily + monthly candles\50dma\200dma look more bearish than that looks .
Worse than screws+ nuts, because ACE + related make$ a good market in those[sells]
Amazing how penny stocks tend to be worth= pennies............................................
Sorry the 50dma,200dma is down\penny socks tend to do that a lot

It's currently trading near the lower channel as I've mentioned previously. Let's just wait and see how it does. I would assume it would creep back up to its upper channel line at around $1.80.

BTW the chart I posted is a weekly chart, so this might take a while as you can see below.