Looking For Support Test

Daily Continuation

The second step of the bias change will come with a solid test of support and prices rebounding from the test. Yesterday just provided additional gains with volume expansion into the $2.70’s. Recent runs have provided technical damage to the bear bias of the last few months — but the medium term bias has not be defined — yet.

Major Support: $2.00, $1.795-$1.766
Minor Support: $2.41- $2.34
Major Resistance$2.836, $3.00, $3.536, 3.595