The chart shows a break down of price action. MACD has turned negative and the bolinger bands are turning down. I also would have expected a stronger move up before the numbers as we have seen in the past weeks. If we close above $3.48 then I think we will retest previous highes. If we close below $3.40 then I would think the low $3 area will be next. A break below $2.75 means this particular rally is over. JMHO.