DFS is approaching support at 58.2 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 67.03 (61.8% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is approaching support at 0.62% where a corresponding bounce could occur.
DFS is testing its support at 63.91 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 71.92 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 1.2% where a corresponding bounce could occur.
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...
DFS is offering an interesting setup in the monthly, daily and 65 min charts. We can clearly see the reaction to the news has been positive and can expect continuation into the highs. Target on chart is derived from monthly price action, the stop from the daily, and we use the 65 min timeframe to get a clear picture of the price action around the news. All 3...
DFS expected to open at 58.04 for a Perfect Gap N Go. To learn to trade this strategy for free, go to www.RealLifeTrading.com