GXC #epicfail

On 6 Jan, I posted:
"GXC is not done... not yet.
Another 8-10% downside perhaps."

Thereafter, GXC surprised me with a run up and a higher low, breaking above the daily 55EMA twice. Only to fail the 55EMA on Friday, and following through today (Monday) with a deep gap down -3% at mid-day.
This is very bearish, and is likely to have a lwoer low with a spike down into or near to the Buy Zone. The Chinese Lunar New Year happens Next week Tuesday, and it really looks like about 2 more weeks of downdraft.

The long range analysis appears to hint of a reversal cycle about to restart... and could not be better than after the Chinese Lunar New Year celebrations. Meanwhile, waiting for that lower low...