not a great looking graph, worst case is that it heads south to tag on the bottom of the trend channel at around 25c.
looks as though a lot of stop-losses were set under the previous low, and a close below this level has triggered a large volume sell off. the price hasnt actually fallen that much, and the MACD is definitely oversold, so it could be a speedy shakeout and turnaround...
still best to wait for the breaking of the trend channel IMO...
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not a great looking graph, worst case is that it heads south to...
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