Declines Extended

Daily Continuation

Prices continues lower yesterday testing the near term support at $3.82 which represents the June high at $3.814. This would be a higher low discussed in the Weekly section, but not convinced that the declines are over. The next area for a test lower is the August low at $3.734. A consolidation of the recent $.45+ decline would also be in play for the last day of trade this week.

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