Prices opened with a gap last week and tried to close the gap failed. From those declines, they managed to trade in a range higher for the remainder of the week. Prices are opening softer in the Sunday trade and seem to want to closed the gap from last week. That action would take prices down to $2.547. Went into some mid-range analysis in the Weekly section, which I would recommend reading, but the market is trading in a range with the short term looking bearish but the longer term bias remains a more positive perspective.
Support: $2.373, $2.255-$2.176 Minor Support:$2.547, $2.483, $2.162 Major Resistance: $2.74-$2.789, $2.98-$3.05, Minor Resistance: $2.806
