WAT Approaching Resistance, Potential Drop!

WAT is approaching our first resistance at 209.13 (horizontal swing high resistance, 78.6% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 191.95 (50% fibonacci retracment, 61.8% fibonacci extension).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.