Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
115 | 0% @ 110 | 130 | SMA 15 @ 95 | Upper @ 117 |
108 | 38.2% @ 100 | 119 | SMA 25 @ 101 | Middle @ 101 |
103 | 50% @ 97 | 113 | SMA 50 @ 116 | Lower @ 85 |
99 | 61.8% @ 94 | 102 (Pivot) | - | - |
94 | 100% @ 85 | 96 | - | - |
89 | - | 85 | - | - |
84 | - | 79 | - | - |
Recommended Actions:
- Buy @ 99 (support line and Fibo 38.2%).
- Average Buy @ 94 (support line and Fibo 61.8%).
- 1st Sell Target @ 108 (resistance line).
- 2nd Sell Target @ 115 (resistance line, pivot resistance, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 89.
0 comments:
Post a Comment