Chart, page-9371

That is definitely the smart play.

Free fall to the weekly 200MA @ $1.70 is Possible if we break through with force the weekly 100MA @ $2.70

Last time GXY bottomed 15-07-17 the weekly 100MA acted as support. I think it will be tough to break.

There is now high risk compared to reward in taking a short position. Technically and fundamentally.

I think we will see a short squeeze.

Likely to know the scenario either way very soon.

I’m bullish Right now as the buy signals are looking clear and an opportunity like this not seen since a year ago.

If we get this bounce buying will become aggressive.