Discussed the ramifications and expectations in the Weekly area of last weeks expiration. There seems to be buyers supporting the declines at $1.90-$1.85. Not sure if it institutional buying or what but support is there. As discussed in the Weekly – there are some technical divergences showing up in the Daily regarding the momentum indicators so keep your eyes alert. Monday trade seems to want to retest the low side of the range.
Major Support:, $2.112, $2.026-2.00, $1.991, $1.93 ,$1.642, $1.605 Minor Support : $1.856,$1.89-$1.856 Major Resistance:$2.18, $2.25-$2.310, $2.39, $2.44-$$2.502, $2.618, $3.00, $3.16
