Patient traders are waiting for the .50's and below range. No real show of strenth here, only solid downard pressure on upticks.
They will eventually walk it down void of any "useful news", taking out stops as she spirals downward.
Epic dead cat bounce should commence in the 50's for a nice flip opportunity $$$$$.
GLTA
Everything I say,is only my opinion. DO not rely on anything I post,as buy or sell advice. DO your own homework.