CBRE approaching resistance, potential drop!
CBRE is approaching our first resistance at 44.05 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our first support at 41.58 (horizontal pullback support, 38.2% Fiboancci retracement, 100% fibonacci extension).
Stochastic (34,5,3) is also approaching our resistance where we might see a corresponding drop in price.
Stochastic (34,5,3) is also approaching our resistance where we might see a corresponding drop in price.
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