Chart, page-6388

It's a do nothing chart for me at this point, if I was short I would have covered today and wait and see what the next few days bring. There's no buy in it for me yet, I'd want to see it up around that $2.20 area and spend a couple months trading sideways to drain out the supply. At the moment it's highly likely every rally will get sold, the question is does it form constructively or does the selling continue to overwhelm and send it lower? I still think lower but I wouldn't bet either way, there is no good risk/reward proposition here(unlike when I first commented I think around $2.30 it was a high probability short then). See what the next few days bring, if it can continue to rally then that will be a good sign for the bulls