Friday, July 4, 2014

2014/07/04 Muenchner Rueckversicherungs AG - daily Squeeze & Fibonacci Targets

Muenchner Rueckversicherungs AG



Muenchner Rueckversicherungs AG has a lot of push power from Squeezes in the weekly/daily charts. It just broke above the important 163.5 resistance level with more upside potential. 

Fibonacci support and resistance levels:

Target 1 (30min - 161.8%): 165
Target 2 (daily - 100%): 170
Target 3 (daily - 127.2%): 175

Support Clusters(daily): 
Support 1: 159-156.8
Support 2: 151.8 - 150..9
Support 3: 147.6 - 145.8

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