We can see a long term (9 month) down trend channel on December which is currently 56.50 to 49.30 (right on today's low).
From here we are looking for support around the bottom of this channel, though a breakout could see a price target as low as 42.00 cents.
This seems a little extreme for us now, as a further breakdown may be too exhausting, and without any significant selling base. RSI is looking a little oversold now, as it has usually bounced from the 30 level each time on this chart.
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