Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2625 | 0% @ 2775 | 2616 | SMA 15 @ 2333 | Upper @ 2538 |
2525 | 38.2% @ 2299 | 2533 | SMA 25 @ 2351 | Middle @ 2350 |
2375 | 50% @ 2152 | 2391 | SMA 50 @ 2447 | Lower @ 2188 |
2150 | 61.8% @ 2005 | 2308 (Pivot) | - | - |
2050 | 100% @ 1530 | 2166 | - | - |
1850 | - | 2083 | - | - |
- | - | 1941 | - | - |
Recommended Actions:
- Buy @ 2150 (support line, Fibo 50%, and pivot support)
- Average Buy @ 2050 (support line and pivot support).
- 1st Sell Target @ 2375 (resistance line, pivot resistance, SMA 25, and middle Bollinger band).
- 2nd Sell Target @ 2525 (resistance line, pivot resistance, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 1850.
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