In all honesty.... I have not seen an oversold stock situation as drastic as this one in a long, long time time - be it as it may and call it what ever - from a pure technical standpoint this is bound for a bounce back up - call it dead cat bounce if you want, it is still due for one.
RSI(14) below 30 is an oversold position, this s$ucker here is riding below 20 now.....me think I will take another bite if nothing else to play the bounce.