Day is not over. Speculators on the release of Q-end NRs are getting nervous and are most likely jumping to the sidelines.
$ 1.60 is the now support.
On an interim day, support has been breached, but the day is not over yet. close below support would change the TA.
BTW, 50 MA just crossed the 200 MA. Bullish longer term.
IMO of course.