I'm really surprised the announcements weren't received better...

I'm really surprised the announcements weren't received better by the market. There was minor doubt that the approval wouldn't go through so that's gone (but I wonder if there're unfavourable conditions attached that we don't know about?). I'm guessing that many have got out of the market to wait and see how the drama in Libya etc unfolds.It's breached the bottom bollinger and the RSI of 38 suggests it won't drop much further than this before a turn around.
Anyone else with a guess?