Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
5250 | 0% @ 5500 | 4900 | SMA 15 @ 4666 | Upper @ 4891 |
4825 | 38.2% @ 4974 | 4850 | SMA 25 @ 4705 | Middle @ 4687 |
4700 | 50% @ 4812 | 4800 | SMA 50 @ 4632 | Lower @ 4477 |
4500 | 61.8% @ 4650 | 4750 (Pivot) | - | - |
4400 | 100% @ 4125 | 4700 | - | - |
4250 | - | 4650 | - | - |
4150 | - | 4600 | - | - |
Recommended Actions:
- Buy @ 4700 (support line, pivot support, SMA 25, and middle Bollinger band).
- Average Buy @ 4500 (support line).
- 1st Sell Target @ 4825 (resistance line).
- 2nd Sell Target @ 5250 (resistance line).
- Stop loss (or simply wait) if the price goes below 4250.
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