KMX is approaching our first resistance (horizontal overlap resistance, 61.8% fibonacci extension, 61.8% fiboancci retracement) where we might see a drop in price to our first support (Horizontal pullback support, 61.8% fibonacci retracement). Stochastic is approaching resistance as well.
KMX is approaching our first support at 54.37 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur to our first resistance at 67.25 (horizontal overlap resistance, 50% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding bounce in price.
