I don't think the sp will tank so low.If 1.5 is the top then the pattern for trading should be between 1.1 ad 1.5 but why should we go so low ?If nothing happened with both pods and oil stays above 80 I don't see no reason why we must go lower.It looks around 1.35 is some kind of a bottom and we form something like a W figure.

See on this site http://stockcharts.com/freecharts/gallery.html?cll.to

Maybe latest down move is due to the oil price which has come down from 92 to 86 .

I give it a bigger chance we can reach 1.88 but if we can smash that top I'm not so sure right now.Otherwise we may consider that there are some positive things like economic situation which is in better shape the past year ,the demand is rising for oil again ,we have 2 pods running and MRC can do well and maybe some more reasons that fit into the picture.If past year 1.88 was reached without Algar running why could it not be possible we hit 1.88 again or a lap higher.