BBVA Approaching Resistance, Potential Reversal BBVA is approaching its resistance at 5.309 (61.8% Fibonacci extension, 61.8% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it could reverse to its support at 5.025.
Stochastic is also approaching resistance where a reversal could occur.
BBVA Approaching Support, Potential Bounce!BBVA is approaching its support at 4.88 (61.8% & 100% Fibonacci extension, 750% Fibonacci retracement, horizontal overlap resistance) where it could potentially rise to its resistance at 5.06.
Stochastic (55, 5, 3) is approaching support as well.
Santander Long Position Santander, good opportunity to enter in a long position, it´s near de anual support of 3.8, then it rise to 4.40 near and make a retracement to 4.05€ to the level 61 of Fibbonacci and after bad news so it´s a goood oportunity to enter long, maybe can have a continuation on the dowtrend but it´s in a good price for long swing.
BBVA Approaching Support, Potential Bounce!BBVA is approaching its support at 4.551 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 4.832 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
BBVA Approaching Support, Potential Bounce!BBVA is approaching its support at 4.551 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially rise to its resistance at 4.832 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 2.91% where a corresponding bounce could occur.
