For the second day prices to break above $3.80 only to succumb to selling pressure before a pipeline issue took prices back up on an episodic event in the late afternoon in WV. At the time of this writing, prices have retraced much of the episodic event’s effect. Liked the start of a correction that occurred during the trade day and could well be the start of a consolidation process. My only concern was the episodic event causing the brief $.15 run in prices, suggesting that the market will potentially driven by headlines near term.
Major Support: $3.396, $3.368-$3.316, $3.198, $3.129, $3.02 Minor Support:$3.511-$3.538, Major Resistance:$3.722, $3.81
