TA is right.

Bang on support - but don't be surprised if they try to knock it down to a key 'sell' level to freak out the average investor out of their shares.

Computerized trading would use a 1.70 trigger, in my opinion I would leave a little wiggle room in case the knock down is not warranted.

Disturbing level here, but I don't doubt a few games will be played here at this level.

Look for a bounce by end of day, it is the closing price that should tell the next short term story.

GS40