What a Trend

Daily Continuation

Thirteen consecutive runs during the expiration process– that said, mentioned in the Weekly section that due to the rally of last week, perhaps the run in the last two days may be more muted. The other side of that thought is the Feb expiration which rallied to over $7.00 after showing strength prior to that day. You know my thoughts (like to preserve capital), and will stay away from instituting new positions over the next two days,

Major Support:$4.40-$4.26, $4.187, $3.972, $3.734, $3.63, $3.584-$3.522
Minor Support: $5.08, $5.04, $4.88, $4.60-$4.557
Major Resistance:
$5.33, $5.572, $5.65, $6.24

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