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Dec 19, 2018 9:08 AM

BAX Approaching Support, Potential Bounce! Long

Baxter International Inc.NYSE

Description

BAX is approaching support at 64.20 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 67.52 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching it support and a bullish divergence with price has been identified.
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