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Charter Communications (CHTR), Weekly timeframe: Resistance zone + Inside Bar & Shooting Star candle patterns + Divergence on RSI(14)
CHTR (4H) / Primary Elliott Wave Count
CHTR is approaching our first support at 271.73 (horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 304.11 (horizontal overlap resistance, 50% Fiboancci retracement). Stochastic (89,5,3) is also approaching support where we might see...