Lipocine looks interesting

Just a trading setup I'm monitoring on my watchlist no firm price target as of yet. There is cup with handle pattern that has been forming for months here. After forming the cup and getting rejected at 2.50 USD The stock has been trending down slowly and consolidating in a channel. A break of this channel could prove to be a nice swing trade opportunity.
https://www.tradingview.com/x/njoeWJaF/