That Was Not A Retrace

Daily Continuous

That small decline is not to be considered a retracement of the recent gains- but rather a slight decline testing near term support. Why the significance? Prices need to retrace $.10-$.15 in order to build a base to launch a serious run at resistance. Yesterday’s declines were not a launching pad for further gains. Keep working the range in trading activities.

Support: $2.78, $2.71-$2.70, $2.658, $2.52, $2.422-$2.414
Minor Support:$2.876, $2.694, $2.483, $2.162
Major Resistance: $2.98-$3.05, $3.12
Minor Resistance:

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