Been Looking For It

It has taken three test of resistance provided by the summer highs at or just above $3.02, but prices finally the result that the market was hinting at through most of the summer. I doubt the market is going to get on a rocket up to $5.00 but this week should provide insight as to how the rally will behave. Due to over-bought conditions currently (see Weekly) would favor a retracement to the breakout level or in the vicinity.

Major Support:$2.83 $2.47, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support $3.02-$3.04,

Major Resistance $3.24, $3.485, $3.536, 3.59