As the price drops new people come in and create new support levels when the stock becomes a "great deal". This is not happening. It is slowly walking down. There are only 3 MM's showing on the bid on etrade L2. Do you honestly believe that only three groups are trying to buy here?
Also, UBSS is on the bid. I thought they had frozen all bids on this stock. If so, then how can they have a bid if they are only representing customer bids....
Look beyond the actual bid/ask here and you'll see that it is being manipulated.
Slow and steady is the way to go All statements are my opinion and should not be considered an indication to buy or sell a security. Do your own DD.