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Feb 20, 2019 8:52 AM

HBAN approaching resitsance, potential drop!  Short

Huntington Bancshares IncorporatedNASDAQ

Description

HBAN is approaching our first resistance at 14.80 (horizontal overlap resistance, 100%, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 13.37 (38.2% fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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