Suggested yesterday that the test and close of last week signaled the potential for prices to test the high from July at $5.01, depending on the response to last week’s close. The trade yesterday, confirmed that the gains will likely test that zone as prices retreated in the early trade only to find the footing and buyers necessary to settle higher than Friday’s close.
Major Support: $4.219-$4.139,$4.083,$4.055, Minor Support : $4.46-$4.42, $3.75,$3.65 Major Resistance: $4.73-$4.75. $4.901,$5.01
