Recovery Path Hinges on Reclaiming ResistanceGiven the potential significance of bouncing off the 50-day average price zone, and Tuesday’s reversal signal, an advance to test resistance near the 20-day moving average may develop. Currently, the 20-day average is $97.86 and not too far from the 50% retracement level of the recent downswing at $98.73. If the minor lower swing high at $95.35 is recovered, that higher price zone becomes the next upside target zone. In this context, the recovery path remains int ...