KMX appraoching support, potential bounce!
KMX is approaching our first support at 54.37 (horizontal swing low support, 100% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur to our first resistance at 67.25 (horizontal overlap resistance, 50% fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding bounce in price.
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding bounce in price.
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