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  • rpschom rpschom Feb 28, 2013 1:32 PM Flag

    Simple

    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

 
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