I'm sure there's still holding and averaged down, those that got in and those that sold and left. But I think the shares just exchanged hands back and forth today. Accum/dist line held it's weight, basically those that sold just passed their shares to someone else.
I think we bounce from here on support specially when where basically back to square one. I'm positive that ones buying pressure come in, people will be jumping back in, this I just how pennies work, it's all about the herd instincts. The pps will easily move higher on a trend if people sell on ask instead of bid.