Shitty volume at the moment. However, if it can get enough volume it will break out above 0.96, which has been a resistance area for a few days now. The low volume is, in my opinion, a byproduct of people waiting on a announcement.

They released their earnings report yesterday, and it really did have just a neutral response even though the company is still losing money. However, there's another piece to the puzzle. They are negotiating a pretty big deal, buyout rumors. So, if that goes through, we will definitely see a spike. 

It's also managed to stay above support level, which speaks good things about this stock. 

 

In conclusion, this stock has definitely the potential to spike, but it just needs the right amount of volume. If the deal goes favorably, that could be the catalyst that will make a long position profitable. 

 

Trade smart, guys-- and good luck!