Sunday Night Signals a Rebound

Daily Continuation

Early trade shows a stronger opening for price on Monday– we shall see. Technical input continues to have the short term market over sold but the action on Friday severely reduced the extreme levels. Think some of the selling on Friday was bulls being excited about being able to get out of losses at a significantly higher prices than earlier last week.

Major Support: $5.623, $5.59-5.572, $5.06
Minor Support: $5.548, $5.40-$5.45
Major Resistance: $6.34-$6.43, $6.587, $6.638

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