As the headline announced — the action last week left the market at a higher close with the convergence of two trend lines intersecting this week (see Weekly detail). This will likely bring some additional volatility (especially depending on which trend line breaks). Expectations of the outcome are discussed in the Weekly detail.
Major Support: $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support: $2.17 Major Resistance$2.413, $2.543-$2.604, $2.836, $3.00, $3.536, 3.595
To read The Daily Call you must be a subscriber (Current members sign in here. )
