JT-- I respect your TA prowess but not today. You are looking at a double bottom in the making. What on earth made you think that they would release good news on the Friday after Thanksgiving??? Geez man. There is news coming next week and after- and only after-- will I assess my position. The trading in front of news is just noise. It is like trading in front of the Fed years ago.
Riddle me this: If the news was so awful, terrible, catstrophic, earth-shattering, hide the woman children bad, then why are we essentially trading where we were? Wouldn't we be sub .20?
Just not seeing the panic. Sorry.