Major Support: $2.41-$2.38, $2.212-$2.207, $2.185,$2.12, $2.029 Minor Support: $2.33 Major Resistance: $2.49-$2.52, $2.643-$2.648, $2.72, $2.751
Issues resolved on the chart upload. Big day on options expiration with prices rallying above the resistance area that has held during the month. As is the norm of the last couple of years, prices rallied during the expiration process- so this activity is not new and I am not sure bankable. Not sure if the rally is over but notice that the Dec did not chase the gains to the same degree. Today is expiration so anything is on the table — would hang low on adding significantly to Dec length today. I am more interested in the potential for Dec to trade down to the expiring Nov.
