Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
3000 | 0% @ 3475 | 3250 | SMA 15 @ 2566 | Upper @ 3204 |
2850 | 38.2% @ 2709 | 3025 | SMA 25 @ 2713 | Middle @ 2604 |
2725 | 50% @ 2472 | 2600 | SMA 50 @ 2895 | Lower @ 2005 |
2550 | 61.8% @ 2235 | 2375 (Pivot) | - | - |
2275 | 100% @ 1470 | 1950 | - | - |
2075 | - | 1725 | - | - |
1900 | - | 1300 | - | - |
Recommended Actions:
- Buy @ 2275 (support line, Fibo 61.8%, and trendline support).
- Average Buy @ 2075 (support line).
- 1st Sell Target @ 2475 (Fibo 50%).
- 2nd Sell Target @ 2550 (resistance line and SMA 15).
- Stop loss (or simply wait) if the price goes below 1900.
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