Major Support: $2.52, $2.41-$2.38, $2.212-$2.207, $2.185,$2.12, $2.029 Minor Support: $2.633, $2.57, $2.33 Major Resistance: $2.716-$2.755, $2.884-$2.908, $2.984
Discussed on Friday the technical importance of the island top in the charts on both the weekly and daily charts. Will not talk again about it but to reiterate the importance of that gap from a trade perspective. I am well aware that many of you trade on fundamental data (weather forecasts) and that is fine but to watch three tries at a small gap fail — it should tell you something about the kind of fundamental information that will be required to break through that area.
