chart please, page-5

What use is a red alert signal when the price changes INSTANTLY! Doh.
May as well stand clear now, as outside of some bouncing it looks likely to take a fair amount of time to stabilise and form another base. Around $4-20 for that.
VS odds of it being a BIG tree shake - thus fast reversal.....but this sort of distance is a bit too much for just that! So odds would have to be very low for that.

Did they have bad news, or a very bad night, in the US?

With no chance to even decide on the red alert the choices are thin. Big fall...bounce...EXIT there.
Lick wounds...wait for the base...return....recover.
$4-50 exit....$4-20 area return. Tho also according to path formed anyway.