Originally Posted by
Maxtrade
Not sure if agree with some previous guestimations that SP may fall to mid 30's, likely support will kick in prior to that level with those that believe in the companies current path. However definitely on the cards looking like 0.6's are going to get a solid test. If breaks through 0.60 be on the dial as some serious gap downs after that, wouldn't want to get caught holding if retracement threatens hitting those gaps. Understand your point Brain, but even the instos may start getting nervous at that point. They also have certain thresholds that stop losses can kick in. 1.35 down to 0.60 breach may be the line for some.