I'm not sure that's the best way to view it, what % of the register has sold since .095?, and did we just break through another line of support @ .048 which will now act as resistance?, what happens if 1% of the register was to continue selling it down 10% every day?, it wouldn't really be a great issue if we'd just had a large volume green day and/or were in a MT-LT up trend, but I see no point blowing hot air up peoples bums here when it comes to the TA, it is what it is, today was relatively high volume going down stuck in a medium term increasing down-trend, for those looking at this purely from a TA perspective and looking for entries and exits the charts looks pretty bad, let's hope news comes sooner rather than later, and that the news is not a CR down here.
For me I will continue to wait patiently for what I see to be a buy signal for my next trading parcel whilst hoping not to get caught up in any CR shenanigans, there's a fair bit of support on the charts around high 3's, if that breaks next support is .032ish, with final intraday support around high 2's, I'd imagine many who have sold out to be more than happy with entries in the 2's and 3's assuming no CR is done. There will be a lot of irate holders if they raise down here after watching it trickle down for months so let's hope that isn't on the cards, watching closely.
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