HotForex

APH approaching resistance, potential drop!

Short
NYSE:APH   Amphenol Corporation
APH is approaching our first resistance at 92.97 (horizontal overlap resistance, 100% Fiboancci extension, 76.4% fiboancci retracement) where a strong drop might occur to our first support at 86.29 (38.2% fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.

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