BP is approaching our first support at 23.73 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 27.11 (horizontal pullback resistance,38.2% fibonacci retracement).
Stochastic (21,5,3) is also approaching support where we might see a...
KR is approaching our first resistance at 29.55 (horizontal swing high resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27.57 (horizontal swing low support).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
KR is approaching our first support at 26.20 (horizontal overlap support, 61.8%, 50% Fibonacci retracement, 61.8 %Fibonacci extension) and price might bounce to our first resistance at 29.54 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (55,5,3) is also approaching suppport.
