Historically- you will get a big run going into march date- The big boys will make their bets and options premium and volume will explode. Depending on upside potential -downside the market will adjust the price . Obvious a lot has to do with market sentiment since this is highest risk/reward asset in which I get my price 7-10$. Its a tough call from today until November depending what the market sentiment is. However, their is no doubt in mind, experience, you will get a nice run into beginning of next year.
the big positive is very little volume on downside verse last downside you had huge capitualtion blowoff- actually affy acting normal and so is the market technically- probably retest a bit on lower volume but if i was a trader i would wait for a breakout above 5$ on big volume- which i dont think happens this month at all. im hoping bases ard 4.75$ by the end of the month
ok here is my take. i think it will be a lot sooner than you al think and it will be above 6 by middle of next week, but it wont hold and will retest around 550, wil continue of the trend similar to before the sell off and will not break 7 bucks till a dilution, fear of dilution will keep this from going to high but there will be lots to be made buying to 6 and shorting back to 5. thats my take and thats how im playing it. i expect to be out at six by middle of next week the latest.