The Daily Call

Building Momentum

Daily Continuation

What started a couple of weeks ago, prices continued to strengthen last week and seem to be building momentum into the seasonal rally during Q2. The historical price action up to and after the Memorial Day holiday has to be respected (outlined in the Weekly section). Caution should be used during and building on the seasonal rally.

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

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