Current chart and model is below. The bounce fell a bit short of expectations but the 3 wave a-b-c nature of the move is obvious and the fall back into the range of wave A of 2 was good cause for exiting the trade.
If this goes on now to fall below the prior low of $10 then a real buying opportunity will be staring us in the face because we now know the level of the prior 4th ($37.50) and so that should be the A-B-C bounce point after 5 waves down are logged. So this is well worth the time to watch folks. The first indication that this model is correct will be a rapid plummeting down through $22 as wave 3 of 5 unfolds.
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