During the last two years, (since August 2021) LAC SP managed to bounce 4 times from $18 support. (!!!) Cementing psychological $18 as a very strong one.
But, as you can see SP is dangerously broke through and is approaching 200MA $17.37 which would be the last hope for SP to bounce off.
I do not want to even think about how low SP might go. It needs to rebound ASAP.
LAC Argentina. I will not sell my shares and would vote against take-over.
JMHO.