TradingView
TradeGATEHub
Jan 28, 2019 9:28 AM

CHTR approaching support, potential bounce!  Long

Charter Communications, Inc.NASDAQ

Description

CHTR is approaching our first support at 271.73 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 304.11 (horizontal overlap resistance, 50% Fiboancci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
More