crashman seeing the same thing but as far as resistance there are a few points below your $5.50 the biggest will be $3.50 take closing prices and draw a down trendline using the high points and you'll see what I mean.
crash, it would appear as though GTE used the 200 dma to bounce back to the close, if the 1.50's hold my guess is that you'll have resistance around 2.10-2.15 as it did in October (which BTW is where we sat prior to Seths attack only days ago...and where it was starting to form a nice bottom). My concern is that we break the 200 dma, if that happens my bet is that it'd only be for a brief time. I'd also bet many faithful are looking for an exit, there seems to be quite a bit of "broke-backs" out there. Many who can't control their words.