Dfsshort
DFS approaching resistance, potential drop! DFS is approaching our first resistance at 68.49 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 61.75 (50% Fiboancci retracement).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
DFS Approaching Resistance, Potential Drop! DFS is approaching our first resistance at 68.75 (horizontal pullback resistance, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 61.75 (50% fibonacci retracement).
Stocahstic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
DFS Approaching Support, Potential Bounce! DFS is approaching our first support at 63.61 (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 72.27 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastics (89,5,3) is also approaching support and we might see a corresponding bounce in price.