HP Approaching Resistance, Potential Drop!
HP is approaching our first resistance at 58.02 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 45.07 (horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
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