Thanks Punjabi. At the moment, from what I can see the play seems to be the latter of the scenarios. The support seems to edge it up incrementally and then the leap. It would appear that the pull back was at 2.47. Every time the share closes up .5% the next launch base gains firmer footing and will break the 200sma in a few trading sessions. The support at this level is too strong to allow another downward spike by the looks of it.

Looks like I am going to have to take it on the chin and turn long again.... Goldman shorting however causes some doubt... Will make up my mind by days end... Any additional insight before then will be appreciated...