The decline yesterday was significant and some what expected as prices had raced off of the new prompt strength. Challenging support now the action has left a new gap on the Daily chart above which will likely act as a magnet for price action in the coming days. Currently prices are about in the middle of the range of action on the continuous chart between $2.98–$3.64. Time to sit back and observe — no need to trade every day.
Major Support: $3.25, $2.98-$3.03, $2.82-$2.78, $2.74, $2.608, $2.47, $2.00, $1.991-$1.96, $1.795-$1.766 Minor Support $3.16, $2.84, $2.38-$2.26, $2.17 Major Resistance $3.48, $3.536, 3.59, $3.65
