Have not discussed the gap that exists to the upside ($2.983-$3.047) that remains in the Daily chart from Jan ’19, because there as not the momentum for a serious challenge. Yesterday gave me pause for thought as a down day had a serious daily reversal. After opening and trading lower on the open, the market reversed and closed up on the day. Volume was a little higher than recent but the activity at the end of the day caught my attention. Respect the range the market has held but keep the stops close.
Major Support: $2.476-$2.446, $2.392,$2.258-$2.253, $2.219 Minor Support:$2.79, $2.618, $2.508, $2.339 Major Resistance: $2.908-$2.928,$2.973-$3.00, $3.047