A long extended bullish flag pattern lead up to the last break out at 33c. Now looking for a break out in 1.82 range. Perhaps in June with more TD1 data or potentially before with collaboration deal.
2016 high and EMA 9 look like logical support around 50.
This pattern tends to repeat its self, normally don't do TA on small caps but this pattern is worth noting.
With gold starting to rally and tax loss season coming to an end in the next week or two we should establish a bottom and start a multi month rally. I'm loading up at these levels with a 3-3.50$ price target in the next year.