Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
710 | 0% @ 530 | 626 | SMA 15 @ 585 | Upper @ 697 |
670 | 38.2% @ 656 | 603 | SMA 25 @ 614 | Middle @ 598 |
630 | 50% @ 695 | 576 | SMA 50 @ 677 | Lower @ 499 |
580 | 61.8% @ 733 | 553 (Pivot) | - | - |
540 | 100% @ 860 | 526 | - | - |
510 | - | 503 | - | - |
480 | - | 476 | - | - |
Recommended Actions:
- Buy @ 540 (support line and pivot support).
- Average Buy @ 510 (support line and pivot support).
- 1st Sell Target @ 580 (resistance line, pivot resistance, and middle Bollinger band).
- 2nd Sell Target @ 630 (resistance line and pivot resistance).
- Stop loss (or simply wait) if the price goes below 480.
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