The Daily Call

Lower- But Still a Range

Daily Continuous

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

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