Doc,
I think we are still in no man's land. I don't think it will bounce from here. It needs to hit a previous support level and we need to see some meaningful volume to confirm it. I'm thinking 42.5c as a likely support or, failing that, 40c. If that doesn't hold, then 36c here we come.
I don't see how we can avoid it based on market evidence and sentiment.
Note: I haven't changed my sentiment although that is because I am a long term investor. Traders should be more cautious.
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