Yet it really seems that 81.87 will be possible bottom at this moment. But for how long? Again, just a few hours?
Exactly, if it is a "floor" with no buys coming through then I am not impressed. It seems like just another silence before the storm.
But again, we are on levels where we could bounce violently. But I don't feel like gambling...
I think the buy it now is really like roulette. Unfortunately, the chances of gain less than the potential loss. I do not believe for a quick return of $ 90 (more than $ 7).
And if we fall it will take a few more weeks, the bottom maybe 25 - $ 50 below the current price.
Personally, suppose two options continuation of the trend:
1. fast "Crash" as in 2011 with 30 - 50 $ bottom.
2. "Correction" above SMA 200 (about $ 70) and above $ 50 minimum from April