Expected the decline to support levels but the $2.50 area was minor support (have changed that now), then prices rallied significantly later in the day. Not sure why the late rally, but now prices are challenging that key area where they failed last week (see Weekly analysis). What ever sparked the late day rally — it will need to garner significantly more participants to break through the Island Reversal resistance area.
Major Support: $2.51, $2.186, $2.162, $2.089-$2.055, $2.029-$1.937, $1.86, $1.527, Minor Support:$$2.621-$2.598, $2.499-$2.468, 2.377, $2.255, $2.102, $1.975 Major Resistance: $2.743-$2.755, $2.809
