The Daily Call

Early July Rally May Continue – Briefly

Daily Continuous

A couple of technical events occurred last week and are discussed in the Weekly section but the key is the movement last week may set up early trade this week. Would expect prices to test last week’s highs (at or near the 200 day SMA) then the key will be how prices react at that test..

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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