The "technicals" that may apply to typical stocks do not apply here. This stock is being acquired by WISE investors based on the anticipation of a HUGE run up upon announcement of each of any one of 4 or 5 major catalysts that can begin occurring at any time. There is absolutely no cause or reason for negativity, other than investor impatience, especially following the reiteration and confirmation with much more detailed data at the conference in Hong Kong. This stock is a gusher waiting to blow and the drill is digging deeper and deeper every day----it's going to blow soon. Like I said--BUY at these levels, and even if you miss the absolute bottom here before the bounce, you'll be looking back from a much, much higher stock price in anywhere from a few weeks(to begin with) to 12 months(with Japanese approval and either nearing FDA approval or approval and on the market already)--not to mention partnership or buyout. The reversal is going to hit at anytime.
at this point buying more Kerx is reckless, it's a falling knife, it makes lower lows every day, sell off has no good reason yet shorts are in control, it's better to wait out until the stock find new ground before jumping back in