HotForex
Short

CHRW appraoching resistance, potential drop!

NASDAQ:CHRW   CH ROBINSON WORLDWIDE INC
CHRW is approaching our first resistance at 92.75 (horizontal swing high resistance, 61.8% Fiboancci retracement, 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 85.96 (horizontal swing low support, 50% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance.
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