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Feb 8, 2019 9:40 AM

APH approaching resistance, potential drop! Short

Amphenol CorporationNYSE

Description

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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