Long
BLL Approaching Support, Potential Bounce!
BLL is approaching our first support at 43.11 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 50.61 (horizontal swing high resistance).
Stochastics (21,5,3) is also approaching support and we might see a corresponding bounce in price.
Stochastics (21,5,3) is also approaching support and we might see a corresponding bounce in price.
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