I see it going below $1, briefly, with a real snappy bounce resulting from the dip. Here's why:
Nothing goes straight up. A pullback is natural, normal, and healthy. Usually, it's a % of the rise, which, as we all know, has been very dramatic over the last couple of months. Hi 0.60s to low 1.20s.....I'd expect a quick drop to low 0.90s, and then a quick move, probably within hours, back over a buck, and then the climb to 1.50 begins.
I've positioned myself for this, and will buy several thousand more shares if that drop occurs.
I feel like I can't lose. If it drops, I get a bargain. If it doesn't, then the many thousand shares I have will gradually go up. Either way, I'm happy, but a bit happier if we get the drop and then a bounce.