38.2% Fibonacci retracement of Decembe rthrough April sell-off running hand in hand with 200-day SMA, setting up potential resistance. I have no position.
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Roger77
:
It might be bullishly all clear up to that 38% resistance level, especially with the 20 & 50 day moving averages now having a positive slope .
Roger77 : It might be bullishly all clear up to that 38% resistance level, especially with the 20 & 50 day moving averages now having a positive slope .