I know it has happened, I just can’t remember when the market has provided such perfect ranges to trade. Granted, you would of had to been up early in the mornings or late at night to trade the extremes of the recent $.30 range this month, but the first two weeks of February has provided a nice stream of revenue from the range. Spoke yesterday about the market seeking to run back up above $3 entering the high end of the range. The question was would it stay up or decline back the way it has twice before this month. Clearly, this was a low risk selling opportunity (stops just a nickel away) but the problem was it hit above $3.00 early in the morning. I am not a big fan of placing orders in over night- so when the market was starting to retreat, I was a little late to the dance. This is the third time the range has been defined this month, no clue how many more times will get the chance to “play it again Sam”, but I will be waiting for the fourth.
Support: $2.373–$2.356,$2.255-$2.176 Minor Support:$2.806, $2.71, $2.60-$2.554,$2.483, $2.162 Major Resistance: $2.92-$2.997, $2.98-$3.05, $3.108 Minor Resistance:
