Range Continues — Expect a Test of Support

Daily Continuous

Have been issuing suggestions of playing the range for the last two months and the range has remained between $1.61ish and $2.00ish. That has remained a profitable 20+% range with which to derive revenues if you are a trader. Some fundamental folks don’t understand that trading is different than “a low versus a top”. The bell is not going to ring when the low occurs and everyone jumps in. As discussed on the pay site, this is not likely to be a violent reversal to a bull market, but rather one of tests and steps. Until the break out occurs, play the range.