The "BOTTOM" has been defined. You'll love (hate) this number.
Depending which side of the fence you're on you'll LOVE ? HATE this number.
The next level of support is $18.50. WRITE THAT DOWN!!!!
I'm not bagging / bashing. Just being real here as that IS the support.
It's a pretty good number between the hype-top, and, the begining of the upward trend. Everyone wins at that number. It's just the the shorts will be on the winning side for a bit. Heaven knows that the long position has done VERY WELL in the last 6 months.