After going through its accumulation and euphoric stage, it is currently in distribution. $0.84~ seems to be a point of non-movement. One stimulus and catalyst could turn this.
I'm going to keep an eye on upcoming trials cycles and dates and look to take a lotto. Under $1 this looks like an appealing stock. A company with huge potential. Its 3 month bullish cycle in Dec 23 to March 24 provided 484% in gains.
To me, this is the end of Wave 2, in a larger bull pattern. If so, we could see wave 3 hit ~$4. I think i'll take a very small position, in case it is still in a bear cycle.
One to keep an eye on.
Not financial advice.