BAX Approaching Resistance, Potential Drop!
BAX is approaching our first resistance at 70.14 (horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 61.09 (horizontal swing low support, 38.2% fibonacci retracement).
RSI (55) is also approaching resistance where we might see a corresponding drop in price.
RSI (55) is also approaching resistance where we might see a corresponding drop in price.
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