dead cat bounce?, page-4

I think you typoed, you mean 78.5?

My very basic tech reading is to wait until downtrend breach is confirmed by decisive break above downtrend line, which would be around 85c. This would also be confirmed w/ MACD golden cross. In the meantime despite 6% up we need good volume as well

but on funnymentals alone this price is cheap and bearing in mind massive (40%+ some days)shorting of late its not a bad entry right now