As predicted, IMU has fallen with the general market fall....

As predicted, IMU has fallen with the general market fall. Support levels and fibonacci have not been respected at all. Why? I don't believe technical analysis is of value when strong forces like macro fear is at play. I think technical analysis is great during more stable market conditions and more so with larger more stable stocks, similar to what @AlCp has said.

I have bought another $100k at 28.5c which was obviously too early. The question i ask myself is, should i buy more? My conviction is being tested and i am trying hard to avoid confirmation bias.