EQR is appraoching our first resistance (horizontal overlap resistance, 76.4% fibonacci retracement) where a strong drop to our first support (50% fibonacci retracement) might occur.
EQR is approaching our first support at 63.24 (horizontal swing low support, 61.8% fibonacci extenson, 50% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 68.16 (50% fiboancci retracement).
Stochastic (55,5,3) is also approaching our first support where we might see a corresponding bounce in price.
