What do you see in the charts that makes you think it will rebound. With all due respect, if (and if) i was holding I would be saying that as much as anyone holding ... but for no other reason than ... hope
To me, all signals are down .... and even on a weekly chart its best chance is to possibly bounce off 60c somewhere.
Keep in mind everyone ... every percent point down ... is almost twice as hard to get back, eg
$1 stock which goes down by 50%, will now have to go UP by 100% to break even ... cut your loses when they occur..... but conversely ... if the horse has already bolted ... no good closing the barn door ... you may as well hold ...
