KR approaching resistance, potential drop! KR is approaching our first resistance at 29.55 (horizontal swing high resistance, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27.57 (horizontal swing low support).
Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price.
