Saw this movie last month as prices tested $7.00 — closed the day above the key resistance level ($6.40-$6.46) only to give it all up and more on the next day. That was a Monday -Tuesday combo day as well. The question this observer has is the resistance zone coming up (sighted above) hold as support or do prices fall back into the previous range. Today and the rest of the week will give us clues — we may be headed to a new range for traders $6.45-$7,25.
Major Support:$6.45, $5.72, $5.61-$5.44, $4.716, $4.705-$4.68 Minor Support: $5.47 Major Resistance: $6.74,$7.00, $7.18, $7.532, $7.71-7.75, 8.021,
