BIIB is approaching our first resistance at 358.14 (horizontal swing high resistance, 61.8% fibonacci extension , 78.6% fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 310.02 (61.8% fibonacci extension , 61.8% fibonacci retracement ).
Stochastic (21,5,3) is also approaching resistance where we might be seeing a corresponding drop in price.
Stochastic (21,5,3) is also approaching resistance where we might be seeing a corresponding drop in price.