I believe there will be strong resistance @ 16 ... and expect a trading range of 16 to 18 over the next several weeks, unless a "black swan" event happens in the interim. Today's weak handed day traders will sell in the first two hours of trading.
There is no such thing as a Double Capitulation ...LOL.
Why would anyone sell at this level? I had only had 1000 shres @$22 I added more today and I will add more tomorrow if it goes down again.
Your hands are a bloddy mess from catching that falling knife. Better get to the hospital right away.
Dont double down on a loser.
Are you crazy?
Likewise here, I will be buying more shares on any further weakness.
Sentiment: Strong Buy