The range trade of late tested the lows before finding buyers. As discussed yesterday — traders should continue to play the recent range between $3.00 – $2.40. No information available for a longer term position at this time, but as we conclude the withdrawal winter season, clearer expectations will likely surface to the market.
Major Support: $2.00, $1.795-$1.766 Minor Support: $2.41- $2.34 Major Resistance$2.836, $3.00, $3.536, 3.595
