Strong gains yesterday, confirming the gains from Sunday and Monday. Pardon my skepticism, but we have seen this kind of rally dwindle away in the next day. The question remains how much it retraces the gain and / or does it maintain the support levels. Further gains beyond resistance will set up for additional gains. Declines will take prices back to the old range trade.
Major Support: $2.914-$2.886, $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: $3.12-$3.15, $3.251, $3.31, $3.396
