HII is approaching our first resistance at 218.01 (horizontal swing high resistance, 100% fibonacci extension, 61.8%, 50% Fibonacci retraceement) where a strong drop might occur below this level pushing price down to our major support at 196.46 (horizontal overlap support, 50% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we...
HII is approaching our first resistance at 218.12 (horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 196.13 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
HII is approaching our first resistance at 205.78 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 189.82 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5,3) is approaching resistance where we are seeing a...