The 50 day SMA was broken briefly yesterday and likely found a few shorts that wanted to cover, but the inability to extend further higher, sent prices to retreat. That’s is the first try to break above now will prices try it again or are we destined to trade back and test the support zones at $3.00 and down a nickel.
Major Support: $3.00-$2.97, $2.843, $2.727, $2.648 Minor Support : Major Resistance: $3.061, $3.16, $3.192, $3.25-$3.31,$3.39, $3.62, $4.168, $4.461,
