The 50 day moving average is at $2.22 and the lower end Bollinger band is at $2.19 so that is where the next major support level is at. The next level of support below that as I see it is between $2.03 and $2.07. I hope that helps you.
I wouldn't read too much into the price action of this stock. The float is very small. I've been in this stock for 2 years already (bought at $1.20) and am still holding because we are in the midst of a multi-year up market in real estate and this company will obviously benefit. Prior to the last earnings release, the stock fell over 30% (from $1.20 to below $1) and then recovered and went up 200% after the earnings. Will the same thing happen again? Not likely, but I think we could easily stabilize above $3, if the earnings are good and confirm management's expectations.