Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
690 | 0% @ 580 | 663 | SMA 15 @ 638 | Upper @ 716 |
660 | 38.2% @ 637 | 646 | SMA 25 @ 661 | Middle @ 646 |
640 | 50% @ 655 | 633 | SMA 50 @ 673 | Lower @ 575 |
620 | 61.8% @ 672 | 616 (Pivot) | - | - |
600 | 100% @ 730 | 603 | - | - |
570 | - | 586 | - | - |
- | - | 573 | - | -
|
Recommended Actions:
- Buy @ 570 (support line, pivot support, and lower Bollinger band).
- 1st Sell Target @ 620 (resistance line and pivot resistance).
- 2nd Sell Target @ 640 (resistance line, Fibo 38.2%, pivot resistance, and middle Bollinger band).
- Stop loss (or simply wait) if the price goes below 490.
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