Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
355 | 0% @ 440 | 336 | SMA 15 @ 322 | Upper @ 374 |
335 | 38.2% @ 321 | 323 | SMA 25 @ 332 | Middle @ 321 |
310 | 50% @ 284 | 306 | SMA 50 @ 345 | Lower @ 269 |
290 | 61.8% @ 247 | 293 (Pivot) | - | - |
275 | 100% @ 129 | 276 | - | - |
255 | - | 263 | - | - |
240 | - | 246 | - | - |
Recommended Actions:
- Buy @ 290 (support line, Fibo 50%, and pivot point).
- Average Buy @ 275 (support line, pivot support, and trendline support).
- 1st Sell Target @ 320 (Fibo 38.2%, pivot resistance, SMA 15, and middle Bollinger band).
- 2nd Sell Target @ 335 (resistance line, pivot resistance, and SMA 25).
- Stop loss (or simply wait) if the price goes below 240.
0 comments:
Post a Comment