Not even a hard test of the support line drawn from the March, April and May low of continuous prices– but prices rallied significantly off of the weak test, creating a near term support for the monthly range. Suspect prices to rally up to the $9.00 area (early May high)– not convinced it will chase the calendar May high, created during expiration.
Major Support:$8.283-$8.24, $8.12 Minor Support: $8.065, $7.69,$7.36, Major Resistance:$8.916, $8.996, $9.60
