RegressionNote how a 1 year linear regression channel slopes up and points to around $100 mean and the bottom of the channel is $60. A fib retrace of just 38% would be $60. A good principle is multiple confirmation. And yes, the biggest confluence of price resistance is way up there, around 86
Also see, https://www.stockta.com/cgi-bin/analysis.pl?symb=CXR.C&cobrand=&mode=stock
I'm done :)