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I agree the double bottom is only from last week & this week, however 8c is also a historic support/resistance level. There was excellent support last week with 60 million units changing hands on the day it hit 8c, yes it may test 8c a few more time, but I think its strong enough to hold today, especially considering the low amount of sellers. I see it rebounding to at least 9 if not 10c by thursday. We've also got a nice gap that will want to be filled at some point at 11.5c
I dont mind you disagreeing with me at all, If everyone has the same point of view then there wouldnt be much point in having a conversation.