OIH reversing higher from 109-107.2 area
3 Fibonacci price relationships in the 109-107.2 area
.618 extension red dot swing low
1.0 extension of blue dot swing low
.618 retracement of move from March low
VWAP from March low has acted as support throughout the move higher
.618 extension red dot swing low
1.0 extension of blue dot swing low
.618 retracement of move from March low
VWAP from March low has acted as support throughout the move higher
Commento:
Next level would be 100% extension of the red dot swing = $84-85