Charting, page-108

I am new to GLN and   didn't expect the substantial sell off.  I am trying from a TA point of view establish where to re-enter to top up.  As shown in the chart below the price fall stopped in the area of a strong support zone  which so far did act as support. Share price moved sideways today sales volume dropped off substantially didn't close at the top half of the candle indicating weakness is still present. The 200ma appears to be intact /not breached as yet.  It appears if we have a possible lower turning point in the making. Question in my mind is there any genuine reason/s to justify a further sell off?  What I understand from the fundies bantering is that the company still have possible upside to offer due to incomplete drill campaign ,  thus require some patience and faith that management are acting in a professional manner and have share holders interest at heart. However the probability of a positive final outcome is anybody's guess. Any comments /critique /points missed/ counter views welcome.