TA discussion, page-2508

Just home after being out for the day, left you all in charge and look what happened - won't do that again.

Seriously, I agree with Taurean7, looks a bit like an exhaustion move but not on steroids. Solid but not huge jump in volume. The significant levels in play were the Fib 63 and 50 cent levels and now 55 cents which has a bit of history, see chart. However no signs of a bounce at 55 today with close near the low so possibly 50 cents will come into play.   

Obviously the herd stampeded with a bit of panic thrown in but not too fussed frankly. Will wait for the bounce and top up. Either one thinks this stock has a future or not, I'm on the yes side, Forget about the noise and analysis paralysis, it will drive you nuts, particularly in this market climate.

Daily COB March 1st