The stock may drop more, but the technicals don't necessarily point to further erosion. It depends on whether it can hold 86.67 (the most recent low). If it does, it will signal the lower end of the uptrend channel and move back up to the mid-90s. If it breaks below 86.50 for a day or two, it could move to the low 80's before it moves up again. Take a look at a 1 to 3 month chart and it's pretty clear.
You are right and I agree, i was referring to today and next few days, my read of the charts is that for this week more down side expected, will it go to 86.67, very possible. as i said before next week or by Mid September expect the stock to climb..infact I will post a message when I believe that the technicals have reached at the point where it would be safe to say that you will likely make money. Strong sell for now..