GT Approaching Support, Potential Bounce!GT is approaching our first support at 18.86(horizontal overlap support, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 25.72 (horizontal pullback resistance, 100% fibonacci extension, 38.2% fiboancci retracement).
Stochastic (55,5,3) is also seeing a bullish divergence and appraoching support where we might see a corresponding bounce above this level.
Gtlong
GT Approaching Support, Potential Bounce!GT is approaching our first support at 61.8% fibonacci retracement (horizontal overlap support, 61.8% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 23.50 (horizontal swing high resistance, 23.6% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching support and seeing a bullish divergence and we might see a corresponding rise in price.