DFS potential reversal!
DFS expected to rise up to 1st resistance at 79.29 where it could potentially react off and drop down to 1st support at 74.73.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Dfslong
DFS approaching resistance, potential drop! DFS is approaching our first resistance at 68.49 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 61.75 (50% Fiboancci retracement).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
DFS Approaching Resistance, Potential Drop! DFS is approaching our first resistance at 68.75 (horizontal pullback resistance, 61.8% fibonacci extension, 50% fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 61.75 (50% fibonacci retracement).
Stocahstic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
DFS Approaching Support, Potential Bounce! DFS is approaching our first support at 63.61 (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 72.27 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastics (89,5,3) is also approaching support and we might see a corresponding bounce in price.
