Price held the support very well at and around $73.55 and now hovering around its 38.2% FIB for ST $76.55 and next main overhead resistance will be 76.4% at $77.29 is taken will reverse the short term downtrend to uptick move towards $77.90-$78 before it heads to $80 will retrace back to mid-support level at $75.96. If you decide to take a long position make your stop at recent swing low at $74.63 with target price $78-$80. If you want a real time alert visit us www.2waytrading.com
