NYSE:BAX projection this is how i see it playing out based of the weekly and the monthly. There's a CHOCH "change of sentiment" in the market and what happens usually right after is that it will hit EQ and then tap back into that demand to grab some liquidity to continue to shoot higher. This isn't guaranteed, just my thoughts based off of S/D. And the fact that...
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BAX is approaching our first support at 70.38 (horizontal overlap support, 23.6% fiboancci retracement, 61.8% fiboancci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 74.33 (76.4% fibonacci retracement).
RSI (89,5,3) is also seeing a bullish exit where we might see a corresponding rise in price.
BAX is approaching our first resistance at 70.14 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 61.09 (horizontal swing low support, 38.2% fibonacci retracement).
RSI (55) is also approaching resistance where we might see a...
