Daily Continuous
Volume has been consistent this week and last as prices have maintained the mid-range. Below last week’s average as prices fell but no impact from the range trade of the six trading days. Continue to play the range and if volatility remains dormant– selling premium is always an option (nice play on words).
Major Support: $2.640-$2.57
Minor Support/Resistance : $2.87-$2.84, $3.16-$3.148, $3.136, $3.02-$2.97
Major Resistance: $3.35, $3.486-$3.494, $3.567, $ 3.736