On friday the MACD crossed it's signal line. The RSI just rose above 30 for the first time in nearly a month, and the %R has also just risen above the -80 mark with volume (even if slightly) increasing the past 3 days.

Bear in mind, the reason the price dropped so sharply earlier this month was because of the announcement of reducing workforce by 60% thanks to a breach of contract by another company. In my opinion I think the stock took more of a beating than it should have, and is looking for a correction.

Given this information, I'm expecting to see it run to around .3 to .35 over the next week. This would yield almost a 100% gain from friday's close.

Do your own DD as always, but this was one of the more promising looking stocks that came up in my screens.