Freddy has been right about this thing going down and down. It's already 87.5 lows and he's now calling for 83. It could reach there this week. Bad looking chart finish on Friday. If it breaks 87.5, it will likely head lower faster.
The way this company is going, it is possible to hit the low 80s. But with Alibaba looming around the corner and rumor has it that they might go IPO as early as Sept, the vibe will push QIHU back up to the low or mid 90s.