Well, That was a reLEAF
Although there was an indication that it was going to re-test support as I mentioned, it retraced further than expected, but it respected the heavy support line drawn on the previous chart. Support remains the same, however, new support and resistance lines have also been established to indicate new windows. We closed today with a green indecision candle, so we cannot assume that it will for surely go up on Monday. If we do bounce off of this support line, we should be headed back up to where the MACD's cross resistance. If it drops down below, we may see a re-test as low as 18.00, but hopefully the bulls catch at 18.35.
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