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HII approaching resistance, potential drop!

NYSE:HII   HUNTINGTON INGALLS INDUSTRIES
HII is approaching our first resistance at 218.01 (horizontal swing high resistance, 100% fibonacci extension , 61.8%, 50% Fibonacci retraceement) where a strong drop might occur below this level pushing price down to our major support at 196.46 (horizontal overlap support, 50% fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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