it sure could be. i'm not trying to act like i have the gospel or anythign like that. just seems that anywhere from 1.10-1.15 is going to be our support range. 'm not going to try and call to the 4th decimal where's going to be our floor. i like to work with small ranges instead.
Looking at the chart, I see $1.15 ($1.14 SAR) as the floor too, though it was thin down to $1.13 at the time of my purchase. I have another order in at $1.13 if sellers decide to keep selling past the SAR.
Comments shown here are merely my own subjective opinion and should not be taken as affirmative investment advice.