Michael- Its one and the same thing. The SP would not fall below the lower bollinger band unless its oversold. What we need to look out for is whether it can hold that support at $1.31, if it does its gonna form what is called a Double Bottom and we gonna see the price sky rocket.
However if that's not the case and the support is broken becaused of any bad news, we will see it dive all the way to 60-70c for sure. IMO we will see some consolidation for the next week or so.
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