Well– the RSI (weekly) jumped to the lowest level in the last decade– but some traders are irrelevant of that fact and are confirming to some that prices are headed under $2.00 — yee haw. Must admit that this level of bearishness is not to be taken lightly nor relevant to future prices — as the market is setting itself up for a significant short covering episode.
Major Support: $2.533, $2.422, $2.238 Minor Support: Major Resistance$3.536, 3.595, $3.63, $3.789, $4.128, $4.22-$4.39, $4.75-$4.825, $4.948
