Not really there is uber support there.
I thought support was at $82...what does your chart say?
you got the quotes wrong. Moreover I said that the chart said there was support at $82ish, however note that every single time I said that, I said that it wasn't going to hold. Also note that it did bounce up to $90 after hitting that support.
Its clear we're in a slide, but personally I won't panic unless we break the low at $57 or whatever it was.
why panic when you can buy
Becuause if it breaks $57 It'll probably go down to like $20 or something.
IMO the support levels are:
$85ish (the low following the bounce off $57)
$57
$17 (won't actually hit it, likely stay like $20ish or something)
Currently I'm thinking a bounce off of $57 is most likely, probably never actually hitting $57 again, though we'll likely see $60. I've been wrong plenty before though so I could easily be wrong again.
