Looks like heading to as low as $10-50 to me. Maybe $10-70 area.
But as with all stocks it won't be straight down. They will drop....bounce...meander...drop...bounce...etc etc
Short term looks like more down to come before a Retrace. Something like maybe a week of falls to get to $10-80 area, then a few days of Retrace/bounce.
They are lowish in the down trend channel they have produced, which means they are dropping 'too fast' overall at the moment. But it is not safe to count on a Retrace unless at least the lower line is reached - and even better if left until broken UNDER, which means even more rise room on the Retrace. So watch for around $10-85, to $10-75 and that should provide the cover to wait and see what they do afterwards. Rise just for Retrace....or the bigger gaining head back into the much longer term UP trend channel.
Which is what I think they will do. Looking at mid $11's or a bit more. Within 2 months I would think.
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Looks like heading to as low as $10-50 to me. Maybe $10-70...
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