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Message: TA

For the few interested in TA, this is my take for now. It appears that the $3.90 support that many hoped for has failed with a weekly close below that. It is too soon to be sure but it would appear that might be resistance forming there or up to $4.00. It didn't quite reach the $3.50 support yesterday but teased it some by getting within a dime of it. The $3.50 resistance spent 9 months forming and now that it has been breached, I think and hope that it will hold as support now. It might have to be tested more yet. I see that it might be a $3.50 to $3.90-$4.00 range until some news or some other stimulus breaks it out of there. Still needs some more time to prove up. I hope it does soon!

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