Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.
hmm that's actually a good point.
A better point is that 99% of all news are only good for momentum traders and they don't effect a mayor trend reversal. Is this one of the 1% news? We'll know it when entering the real resistances, and not by bouncing up in the lands of nowhere and nothing.