My apologies for a lack of publications yesterday — brutal stomach ailment. Would of mentioned yesterday, and will again today, that the market is having a hard time with”key” levels ($6.00 this month $5.00 last month) and will correct back to the “key” levels. Last month price retreated 10% before rallying into the close. Does the market trade and close below the key level — no clue. Would expect another consolidation day or two around the $6.00 area as the market interprets the fundamental indicators going forward.
Major Support:$5.27-$5.199, $5.001, $4.40-$4.26, $4.187, $3.972, $3.734, $3.63, $3.584-$3.522 Minor Support: $6.00, $5.063, $5.04, $4.88, $4.60-$4.557 Major Resistance: $6.24-$6.28, $6.366, $6.466