Replies to post #16905 on Options Wonderland

[samaelrocks]

Thanks for this one. I entered at 2.58 and it closed at 2.76.

Holding over night here which I don't like but thinking it's not finished correcting. 2 minute chart shows the RSI pointing south.

Thoughts? - Where do you suspect it will drop before a bounce? I'm thinking a bit less than $124.