UKOIL Bounced Off Support, Potential to Rise!
UKOIL bounced off its support at 70.86 (100% Fibonacciu extenion, 61.8%, 50% & 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 75.50 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistnace).
Stochastic (55, 5, 3) bounced off its support at 5.15% where a corresponding rise could occur.
Stochastic (55, 5, 3) bounced off its support at 5.15% where a corresponding rise could occur.
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