Sorry to be a kill-joy, and hopefully I'm wrong, but the recent fall fits pretty neatly with the long term (2+ years) descending trend & so does not look overdone to my eye... I'm also less optimistic of a recovery/reversal any time soon... I agree that support at around 86p looks very robust but the descending trend has been tested considerably more over time and I fear will likely win out... If support fails then the 54p (downside risk) looks almost inevitable.
I know 1onic's been working off shorter time scale charts (and he's much better at charting than me anyway!), so if he can see a trading op I've no doubt one is there, but just thought I ought to throw this out nevertheless for folk to consider when assessing risk/reward.
We all know what they're like on that board & if you post there you can only assume undiluted vitriol... these are public boards and it's not right that any board can be hijacked in this way but it is what it is.
Post where you're appreciated (or at least tolerated!!!)