One hour into the trading day and 2.5 million shares on a gap down. Yipes!
Were ready for reaction bounce soon... a good trading opportunity... if you make a trade or are holding and see this bounce/// unless you see a broad market reversal to go with it, I would watch for a top and take an exit if an evaluation suggests.
All the studies in TA I am doing suggest further downside. The only positive I can safely say is... "It always gets coldest just before the dawn".
We have broken support on a triple bottom and the next level of support that provides itself visibility is just under 3.00 dollars. Resistance has now moved to 3.60 to 3.65
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