I wouldn't constitute one day below support as long enough but more of a get ready signal. If it'd opened below that today I would definitely be out. Anyway 0.5 of a cent difference ain't that far off as far as I'm concerned. The point being that it was a significant price level.
Oh I'm not going to bother anymore, talking to a bunch of stubborn fundamentalists living under a rock is like trying to teach an old dog new tricks. (Not that I'm trying to or would ever try to teach you anything). You'd rather play this as if it were a competition between FA and TA rather than an exchange of information to help make an informative decision on your trades/investment. Sheesh, got over that rubbish in high school.
Well there's still that old adage of a 'dead cat bounce' to think about, will have to see what overseas deals us the next few days.
Good luck anyway...
PNA Price at posting:
$1.80 Sentiment: Hold Disclosure: Held