$JTO For all those folks who missed my earlier comment that i posted on 15 dec:

"Possible rebound expected near the range of $3.2 to $3.5 and if not it can further drop around range of $2.7 to $2.9 with high chances of rebounding from there, yet still fails to do so then expect a drop somewhere in the range of about $2.2 to $2.5 until it regains a positive momentum."

Do not panic, manage your risk and wait for the right moment.