Dropbox to find resistance at current swing high?Dropbox - 24h expiry - We look to Sell at 22.14 (stop at 22.94)
Expect trading to remain mixed and volatile.
Previous support at 22.00 now becomes resistance.
The medium term bias is neutral.
22.33 has been pivotal.
Preferred trade is to sell into rallies.
Price action has resulted in a bearish candle after the previous swing high found selling interest at the Ichimoku cloud.
Our profit targets will be 20.14 and 19.74
Resistance: 20.50 / 21.50 / 22.33
Support: 20.00 / 19.22 / 18.71
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