Bouncing down along different pitchfork channels

13 May 2014Price could swing up to the $450-$465 range along the short term pitchfork one last time, before heading down to ~$415. Potential bounce to around the middle of the longer trend pitchfork channel which is right below the $444 50% fib for the rise from $340 to $548. From there down to somewhere between the top and middle of the longest term pitchfork channel, which at ~$364-$385 is between the 88.6% and 76.4% fib.