The drop from the March 2 high of $5.18-3/4 could be too sharp to sustain. A Fibonacci retracement analysis on the fall from the Feb. 17 high of $5.45 to the Feb. 26 low of $4.89-3/4 reveals the immediate support at $4.97-3/4, the 14.6 percent level.
A break below this support will open the way towards $4.89-3/4, while a break above $5.02-3/4 could trigger a further gain to $5.10-3/4.