$53.30 This is the bottom of the triangle that's held for the past 1.5 months. Dipping below it for a bit is fine, but if we have a sustained breakout this signals potential problems to come.
$50.30 Previous support line from the beginning of the month.
$49.80 Bottom of year long channel. If we go below this then watch out.
Personally I'm holding. This looks bad, but I don't think we're at cataclysmic yet.