Big players sold or are waiting for lower levels to buy.
Price collapses under it's own weight with a little help from short selling.
Until the big players step up to the plate, we go down. 50% Fibonacci retrace from the 18.80 to 32 level, is about 25.66. i would expect institutions to step up here if they desire.
Nothing says we can't retrace back the 18 level, crazier things have happened. News can be spun afterward usually
Sentiment: Strong Buy