Go into the technical implications from last week’s trade in the Weekly Section– suffice to say we are now entering a new (lower) range environment, Would expect a test of the $3.10-$3.15 area if history is any guidance as a bump off of the recent selling and breakdown is warranted.
Major Support: $2.640-$2.57 Minor Support/Resistance : $2.87-$2.84,$3.16-$3.148, $3.136, $3.02-$2.97 Major Resistance: $3.35, $3.486-$3.494, $3.567, $ 3.736