HP approaching resistance, potential drop!
HP is appraoching our first resistance at 57.84 (horizontal overlap resistance, 61.8%, 50% fiboancci retracement) where a strong drop to our first support at 51.75 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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