After a decline of 82% from the peak.
in the Primary trend the price broke through MA 5 which is a bullish signal.
MACD indicator shows a split which also signals on the beginning of an uptrend.
The weekly trend broke MA 20 and the tight horizontal Bollinger bands hints on a possible sharp movement+divergence in the MACD indicator.
The daily trend was supported 3 times by MA 50, broke the zero line of the MACD oscillator, broke the resistance price of $0.55.
If you start trend, the stock can fix least 1/3 of the Fibonacci which gives us a target of $ 1.63 meaning an increase of at least 180% and maybe more.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in EGI over the next 72 hours.