APA approaching resistance, potential drop!
APA is approaching our first resistance at 34.25 (horizontal overlap resistance, 100% fiboancci extension, 38.2% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 25.66 (horizontal swing low support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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