GVC looking for a bounce (not yet)

News - #GVC GVC Holdings PLC, the multinational sports betting and gaming group, is pleased to announce that it has agreed to initially acquire 51% of the equity capital of Mars LLC

Analysis - Market discounting some sector consolidation and regulation - Im looking for price to bounce once we get through some of the noise - there is also a good fib S/R confluence to watch out for marked on the chart.