UKOIL approaching support, potential bounce!
UKOIL is approaching its support at 75.01 (61.8% Fibonacci retracement, 61.8% Fibonaci extension, horizontal overlap support) where it could potentiallyt rise to its resistance at 78.14 (100% Fibonacci extension, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
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