0J4G trade ideas
HP approaching resistance, potential drop! HP is approaching our first resistance (horizontal overlap resistance, 100% fiboancci extension, 61.8% Fiboancci retracement) where a strong drop might occur below this level pushing price down to our first support.
Stochastic is also approaching resistance where we might see a corresponding drop below this level.
HP approaching support, potential bounce!HP is approaching our first support at 54.26 (horizontal overlap support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 58.21 (horizontal swing high resistance).
Stochastic (55,5,3) is also approaching support where we might be seeing a corresponding bounce in price.
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.
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.
HP Approaching Support, Potential Bounce!HP is approaching its support at 40.98 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 57.54 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 1.9% where a corresponding bounce could occur.
HP Approaching Support, Potential Bounce!HP is approaching our first support at 40.55 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 57.23 (horizontal pullback resistance, 61.8% fibonacci extension, 50% fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price.
HP Approaching Support, Potential Bounce!HP is approaching support at 49.56 (100% & 61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 58.07 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching support at 2.7% where a corresponding bounce could occur.