Any way you look at it this is oversold. It is going to bounce at some point, and IMO pretty good since it dropped so far so fast. Will it maintain any gains above .0009 long (or even mid- or near-) term? Who knows. But it will bounce from here.
It's hard to say. According to most calculations, he should've run out many moons ago. I've given up trying to figure it out. I just keep putting in my low trips orders and hoping they get filled. Can't wait to be done with this thing once and for all.