Reversal trade off market structure - Sold all on the double because this equity has a history of large retraces after pumps - sell the news event - overwhelming selling started coming in during the later part of the afternoon. - Fundamentals came out today that they are are to be a SEC reporting company. This was probably know weeks again, as the bottom came in. Sold the news event thinking the last hour would be marked with overwhelming selling pressure. - The adherence to fibs and GANN's 50% level is to be noted for future levels and movements. - Weekly S/R levels drawn in purple and daily in green - Re-enter trades are yet to be filled - Down in extended hours 4.67% - stopped at BRN (Big Round Number) .10 as this is a tough mental support or resistance level - If first stop .382 fib, of the whole movement acts as support and volume comes in I'm prepared to scale in off the 50% GANN level from the higher level smaller range - Neutral leaning bearish right now - short term bearish if at all. - Outstanding shares concerns me, thinking we could see a reverse spit - this would help with the 'minimum price per share' needed to continue listing on the NSDQ