Granted, what I would like to see is not important to Mr. Market. Chasing a v-shaped bounce puts your risk/reward discipline to the test, to be sure. That said, there is no point in arguing with the market too much. Ideally, in order to get higher probability entry points for long setups than what I am seeing now, I would look for charts like GSVC to set up in this manner. Note the huge leg down, followed by a sharp bounce up, and then the past few days of basing out. Even then, there will not be a guarantee of further upside. However, after violent price swings in either direction over the past few weeks, a few days of grinding it out would be not only probable but favored here.
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