An Extension Though Slight

Daily Continuous

Price challenged the support from last week — just below the 200 day SMA but similar to last week, prices found support and bounced slightly upward. This is a near term support area and would not advise large buying. The market is over sold on numerous technical stand points (mostly daily in focus) and will eventually allow for a significant rally—- eventually. In the meantime it looks to be a sell any rally focus.

Major Support: $5.623, $5.59-5.572
Minor Support: $5.548, $5.40-$5.45
Major Resistance:$6.021, $6.34-$6.43, $6.587, $6.638