We have been playing in this range for a moment and I am still expecting a drop into the low .30 cent range= (Buy orders are set). I have felt confident we will drop into the .40 cent range where fear will really start. Leading to a potential drop to .20 or even the mid teens.
Wouldn't be surprised by anything else that happens beyond that point.
Bullish outlook
- I see a quick transition up to the 2.50 range, once we recover on some of these FIBS..
I have zoned and labeled the ranges I am predicting.
Best of luck!