That was the first time I decided to believed in my own analysis more than other's and it turned out to be the right call. APPC broke the long term support and kept falling since then.
Movement highly depends on BTC . As I believe BTC will drop more my guess is the patterns here will play out and target is about $0.30.
I might be completely wrong! Don't take this as financial advice!
BTC is dictating this right now.