XXII sinking lower? New channel forming on the downtrend?

will XXII slink lower or is this a scare tactic by our resident MM. Looks like they are slowly stair stepping down over the long term but allowing a channel to swing the stock over a set period of time. This has no news going for it, and company doesn't seem to care. Bearish until uptrend is confirmed or company issues some positive news.

Trade attivo:

still working towards 1.....

Commento:

IM A BUYER AROUND 1.....

Trade chiuso: obiettivo raggiunto:

bought 2k shares at 1.20 and sold them at 1.35. bought some lotto calls for an unexpected rebound.