7th trading day since the collapse to 2.86/3.00 bottom, is now retesting the 3 dollar bottom twice more, after resistance rolled over at lower highs from 3.75,3.55,3.30, now turned down from 3.20 today, small support step sprouting around 3.14 didn’t hold anything, and the 3 dollar bottom zone is center stage again. Is there any reason why 3 dollars should hold strong as a finished bottom. With 2 weeks more in limbo, and nervous uncertainty about the next several weeks after, there’s no telling how the next slam down could look , or the next good news rally. Major good news could rocket the price right back toward 10 dollars. Disappointing news should plunge below 3.00, probably looking at 2 dollars. So is 3 dollars a good bargain to buy, or a risky gamble to buy right now. I wouldn’t be surprised to see any rally that happens in the next 2 weeks …probably get capped somewhere and sold right back down to retest 3 again.
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