Major Support: $2.212-$2.207, $2.185,$2.12, $2.029 Minor Support: $2.158 Major Resistance: $2.437, $2.48-$2.52, $2.716-$2.755, $2.884-$2.908, $2.984 Minor Resistance: $2.328
Prices rebounded and closed the gap from the Weekly chart at $2.289 but have not closed the gap in the Daily. Judging from the general sentiment (bearish) would be developing a strategy around selling this run in price at some point. The top side of the gap is an area— it did not go unnoticed that after it closed the Weekly gap prices retreated three pennies in 15 minutes— so perhaps a similar result will occur if the Daily gap is filled. Over-all trade the bias and look for rallies to be sold on into Q1 without a major shift in the fundamental forecasts.
