Rockwell Automation, Inc.
Long

ROK approaching support, potential bounce!

273
ROK is approaching our first support level at 152.43 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 179.39 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.


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