HP is approaching our first support at 54.26 (horizontal overlap support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 58.21 (horizontal swing high resistance).
Stochastic (55,5,3) is also approaching support where we might be seeing a corresponding bounce in price.
Stochastic (55,5,3) is also approaching support where we might be seeing a corresponding bounce in price.