You're right. Enjoy the gap that was pointed out after the fact that vaporized before 1:00 p.m. EST. My bad.
It is always essential to keep a check if the stock is getting bottomed. For checking the stock if bottomed, it is important to focus on your sector. The stocks tend to follow in lockstep in context to both the overall stock market as well as their respective sector. It is also necessary that you should have a look at the price and volume as the stocks can bottom when there are only a few sellers related to that particular stock.