Prices continued the extension of the declines, as prompt dipped below $8.00 briefly, challenging the 50 day SMA and attacked the 20 Week SMA that have been well held support zones lately. The key will be how does the market respond on this test. If support holds then the range up to $9.00 remains, a break down below will suggest the lows of early August around $7.50 are in target.
Major Support: $7.956-$7.91, $7.55, $7.14, $7.078, $6.88, $6.754,$6.38, $6.02, $5.623,
Minor Support $7.35, $7.41, $6.42, $5.548, $5.40-$5.45
Major Resistance: $8.58-$8.61, $9.021, $9.35, $9.40, 9.664–$9.67, $9.98