HotForex

RYCEY Approaching Resistance, Potential Reversal!

Short
OTC:RYCEY   Rolls Royce Holdings plc
RYCEY is approaching its resistance at 11.04 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 9.52 (horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal is expected.

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