I’ve been using a 0.0764 target as a potential bear-market bottom, but the newly drawn chart shown (see inset) supports a less pessimistic outcome — i.e., a bullish reversal from 0.1086, a ‘secondary’ Hidden Pivot support. I continue to hold a third of an original 150,000-share position, most of it acquired between 0.10 and 0.15 in 2014, having passed up an opportunity to take some profits on last year’s sensational run-up to 78 cents. Now, I’m enthused about the prospect of rebuilding the position, especially if the stock comes down to the 0.1086 pivot — or better yet, to 0.0764.  Besides the potentially bullish implications of the chart, I am impressed with the way Snipp CEO Atul Sabharwal handled some tough questions posed by shareholders who have been understandably disappointed by the stock’s horrific slide over the last 15 months. To access this Q&A, which has been presented on Snipp’s web site as a FAQ, click here. _______ UPDATE (August 4, 12:46 a.m. EDT): The rally begun on July 11 targets 0.1572 on the hourly chart (a=0.1210 on 7/13), but if buyers can push the stock just a bit higher, surpassing mid-June’s 0.1673 peak, it would be the most bullish thing SNIPF has done in a long while. _______ UPDATE (August 13. 1:02 p.m.) The stock appears to be basing, having spent the last month-and-a-half in heavy chop between 0.12 and 0.15. An upthrust exceeding 0.1680 would imply that bulls are finally getting the upper hand, but I’ll stick with my sub-0.11 bid for now, since the stock’s dismal performance since peaking in February 2015 argues against paying up. _______ UPDATE (August 21, 1:20 p.m.): The stock has been rangebound between 0.12 and 0.15 for two months, but it looks like it will have to go at least somewhat lower in order to get the running start it needs to exit this bog._______UPDATE (August 25, 1:35 a.m.):  Please note that 0.1086 is a very important Hidden Pivot support, and that its decisive breach could have very bearish implications for the stock._______ UPDATE (Sep 21, 12:49 a.m.): SNIPF rose more than two cents today — that’s 25% — on big volume, but you can color me skeptical. The company reported receiving a sizable new commitment from a client in the form of a $1.5 million advertising campaign, but one big fish is not going to turn the company around. It wouldn’t surprise me one bit if Canaccord, which has shown enviable instincts for distributing large quantities of Snipp shares at significantly higher prices, was on the sell side. ______ UPDATE (10:07 a.m.): This just in:  Gary Singh at Canaccord says his firm was a recent buyer of 2.48 million shares; that he considers the  stock a bargain at these levels; and that he ‘might’ buy more between now and Christmas, after a 3-million share dilution involving Hip Digital Media has been discounted. He left a voicemail to that effect for a colleague of mine who in the past has been a large Snipp shareholder.