Last week’s reversal provided several divergences that put a cap on effects of any further upward run in prices. Discuss those divergences in the Weekly area. Suffice to say there are some significant selling zones above the weekly close. Not saying that price action can’t get back up to $4 and above- but will have to find significant buyers at several times.
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
