HotForex

ADDYY Approaching Support, Potential Bounce!

Long
OTC:ADDYY   adidas AG
ADDYY is testing its support at 105.41 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 113.56 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching support at 2.01% where a corresponding bounce could occur.

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