100% agree, currently overhead 62% fib is around 23 cents on...

100% agree, currently overhead 62% fib is around 23 cents on both the daily and weekly chart. Given this duel convergence level is very likely to be strong overhead resistance until broken and becomes support.

I tend to use share price relative to MA's and fibs to determine when I buy/sell. Another scenario that I didn't outline yesterday is that on the weekly chart SP is closing in on the weekly 50 SMA which coincides with the possible ascending support line at around 19.5. So even though under the daily 50 SMA may act as support as a significant MA level.
Daily chart shows likely ascending support intersection at 19. I am currently, at this stage, of the view that 78.6% fib will hold.

Weekly chart:


Daily Chart:


A close eye needs to be kept on the indicators and MA to see where the actual turning point may be. There are (unfortunately) as you well know, no absolutes, particularly in such a heavily manipulated market. Charts just assist in formulating better informed entry and exit strategies. We all have our own risk/reward equations.
As stated yesterday, very close to a turn around. Unfortunately up to the bots and shorters (who should burn in hell for eternity) to determine.

The above is just IMO, not advice

GLTAH
Charlie