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Feb 25, 2019 9:53 AM

AMP approaching resistance, potential drop!  Short

Ameriprise Financial, Inc.NYSE

Description

AMP is approaching our first resistance at 135.59 (horizontal pullback resistance, 61.8% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 120.34 (38.2% fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance.
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