Good explanation Kay, sounds to me like you are talking about a double bottom.  Which could be in the making or/and,

 I am still seeing that this could be a breakout from the decending wedge (Ump mentioned previously) which formed but was broken slightly to the downside on friday (did not have 2 days confirming downside break imo).  I believe it may have been a shake to try and pull a few more shares out (with the general market sentiment helping out) but then monday's turn around could be the start of the breakout.  Now if this is the case then the sp target is alot higher than .20 as these breakouts are very strong/bullish.  Maybe one of the TA guy's can shed more light on this here.  The rest of the TA indicators have turned bullish possibly confirming it.  We will all see in the next few days as tomorrow will be interesting but friday's close (weekly close is most important) could confirm bottom being in and breakout.  :-)

All IMHO

GLTA  PLE'ers  ;-)

PS.  Gold is looking good lately in this consolidation I am curious if it will break up or down out of the ascending triangle forming now, my bet is up.  :-)