Long red candle on volume is bearishMACD recent crossover is...

Long red candle on volume is bearish
MACD recent crossover is bearish
RSI still more room before entering oversold territory is bearish
If no bounce here then likely test the .46c low after breaking the primary down trend line beginning May 2018. Could form a solid double bottom if .46c holds or as @avagadro mentioned a new higher low will form from today's low. If .46c breaks on volume then I see .40c range as next support level and strong bounce from there could occur.

Leading indicators for AC8 reversal is being oversold for the RSI followed by a MACD Crossover. Strong bounces have followed these reversals in the past. Great for swing trading .

Once reversal occurs a move to .59c is on the cards.
Alternate TA analysis welcome. 

IMO and gamble responsibly.