TradeGATEHub

DRE Approaching Support, Potential Bounce!

Long
NYSE:DRE   None
DRE is approaching our first support at 23.45 (horizontal swing low support, 100% fibonacci extension, 50%, 23.6% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 23.76 (100% fibonacci extension, 38.2% fibonacci retracmeent).
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.