No, I think you missed the point. A break of firm support (whatever that ends up as) is a bad thing. The markets are dynamic so, I let market activity tell me where support and resistance is most of the time. Now, the price of ATRN did trade below the 62% Fibonacci level this morning so, that tells me that it's very likely the price will still go lower. Had firm support come in within the Fibonacci support range, then In my opinion, there would be no question that a bull market would develop here. Right now, it's looks more bearish than bullish to me but, jury is still out concerning the total outcome.
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