HIAPTEK - Potential Bottom?

HIAPTEK Weekly Chart

Weekly chart shows HIAPTEK may have formed a potential bottom when its price made a lower low at 0.245 whereas its MACD made a higher low. This indicates a potential weakening of its weekly downtrend with a potential for a trend reversal. Potential upside to its next resistance at 0.35 and 0.51 should HIAPTEK trend change from down to up. 

Disclaimer: 

Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.