Daily chart looks a little over sold but on the weekly chart it...

Daily chart looks a little over sold but on the weekly chart it is not even close.

Unloved stocks can be oversold for many weeks that is when charts become irrelevant as negative sentiment may drive this down much lower.

Volume on the short side is low as you can see from the Shortman.com and that indicates retail holders are bailing out or got stopped out and retail traders putting in small short trades.

How much lower can this go.......no one knows......UBS has a target so everyone else too and it does not mean UBS is right.

UBS has created a momentum to sell and it does not mean they are right, but in trading it is enough to trigger a selling pressure and we the vultures will take advantage on this and go short on the stock....right or wrong is irrelevant but the profit is real.
I will personally increase my shorts as the market has confirmed my move.

This will stop in time and no one knows "WHEN" but the market will tell us when to close our shorts.