Let's take a look at the Aroon Indicator, shall we?
Early signs that the "consolidation" or recent "downtrend" are coming to an end:
Let's take a look at the Aroon.
The Aroon 5 and 25: The down or red lines are both starting to head south, which is an early indicator that the downtrend or consolidation period is waning. The longer term 25: The down or red line shot up the other day as a result of the drop to the 50dma at @ .08. That 50dma support line held and we are now trading at higher levels off of that bounce.
The up or green lines are still at 0, which tells us that the uptrend is not "online" yet. Buying pressure will cause this line to return upwards. Look for it to cross above the down or red line...This cross is a very bullish indicator and confirms the start of a new uptrend.
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