Declines Show Oversold Near Term

Daily Continuous

The declines during last week left the market over sold on the Daily RSI reaching the extreme zone. While the Weekly RSI is not confirming yet, creating a slight divergence in the indicators. Prices are likely to continue to test the lows side of the range (creating the trade-able low). Would continue to trade the range from a selling premium standpoint.

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: $2.63, $3.00, $3.16

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