how to wipe off 33% of stock price in 4 days, page-4

50% fib atm...

62 high - 24 low = 38 cents

38 x 50% = 19 cents

62 - 19 = 43cents

Fibonacci theory says we should see buyers at 38%, 50%, 62% and 100%.

38% failed.

50% -> 43cents is next.*

* note half a cent is considered acceptable, so 43.5 made sense.

however 50% may not hold of course. ( to state the obvious )

My main optimistic thought is see the trading outside the bollinger bands which is abnormal and can actually result in a quick rebound....but then again, I would be optimistic... as I hold.