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NBL is Approaching Resistance, Potential Drop!
NBL is approaching our first resistance at 23.20 (horizontal pullback resistance, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 17.66 (horizontal swing low support).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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