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AIV is approaching support, potential bounce!

Long
Apartment Investment and Management Company (NYSE:AIV)  
TradeGATEHub  
NYSE:AIV   Apartment Investment and Management Company
Trend Analysis Harmonic Patterns Chart Patterns AIV aivlong aivshort
38
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trendanalysis harmonicpatterns chartpattern aiv aivlong aivshort
AIV is approaching our first support at 48.83 (horizontal overlap support, 23.6% fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 53.18 (100% fibonaccci extension).
Stochastic (89,5,3) is approaching support where we might see a bounce in price
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