Break Out Support Zone Breached

Daily Continuous

The break down through the break out zone can not be understated from a technical standpoint. The question becomes does the decline continue to test the gap from the expiration or does support commence before.

Major Support: $2.82-$2.78, $2.74, $2.608, $2.47, $2.00, $1.991-$1.96, $1.795-$1.766
Minor Support $2.99, $2.84, $2.38-$2.26, $2.17
Major Resistance $3.42-$3.48, $3.536, 3.59

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