DRE Approaching Support, Potential Bounce!
DRE is approaching our first support at 23.45 (horizontal swing low support, 100% fibonacci extension, 50%, 23.6% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 23.76 (100% fibonacci extension, 38.2% fibonacci retracmeent).
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
Stochastic (21,5,3) is also approaching support where we might see a corresponding bounce in price.
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