It is not surprising after the 10 minute — $.20 run in prices on late Friday morning (discussed in Weekly section) that prices are showing strength in the early Sunday night action. Wouldn’t think that the “kids” would miss an opportunity like that. Ran all the way to the resistance that prices could not over-come last week– perhaps they will this week. A daily close above that high will bring $8.00 into target.
Major Support:, $6.855, $6.411-$6.392, $6.247-$6.278, $5.27-$5.199, $5.001, $4.40-$4.26, $4.187 Minor Support: $6.00, $5.063, $5.04, $4.88, $4.60-$4.557 Major Resistance: $7.346 , $7.422, $7.536
