mr short if you check out my last posted chart, you will see...

mr short
if you check out my last posted chart, you will see that we are still in an uptrend channel, just not the one we were looking at in the short term.

the channel i drew & i believe we still in, has support around 8.3 cents, i would be more than a little concerned if we drop much lower than that ?

when/if, an important channel line or support is broken, we have to assess if there is a further support & how much pain we are prepared to bare, IMO if you are still in, then you need nerves of steel to wait it out or average down but having said that i think, i myself would be bailing if the 8.3 looks like cracking. good luck.