USOIL approaching support, watch for potential bounce

USOIL is approaching our first s support at 60.65 (horizontal overlap support, 61.8% Fibonacci extension , 50% Fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our first resistance at 67.62 (horizontal overlap resistance, 61.8% Fibonacci extension , 50% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.