Early trade this week has provides important historical perspective (please read the historical analysis in the Weekly section). At the close on New Year’s Eve prices had retreated to the range that has held the action for the last few months. Continue to trade the range — been profitable so far.
Major Support:,$2.727-$2.784, $2.648, $2.39, $2.35, $2.112, Minor Support : $3.39-$3.31, $3.167, $3.00-$2.95, $2.914, $1.856,$1.89-$1.856 Major Resistance: $3.631-$3.681, $3.829, $3.92, $4.00