Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
690 | 0% @ 600 | 690 | SMA 15 @ 640 | Upper @ 727 |
660 | 38.2% @ 649 | 670 | SMA 25 @ 663 | Middle @ 649 |
640 | 50% @ 665 | 650 | SMA 50 @ 675 | Lower @ 572 |
620 | 61.8% @ 680 | 630 (Pivot) | - | - |
600 | 100% @ 730 | 610 | - | - |
570 | - | 590 | - | - |
- | - | 570 | - | - |
Recommended Actions:
- Buy @ 620 (support line).
- Average Buy @ 600 (support line and Fibo 0%).
- 1st Sell Target @ 640 (resistance line and SMA 15).
- 2nd Sell Target @ 660 (resistance line, Fibo 50%, and SMA 25).
- Stop loss (or simply wait) if the price goes below 570.
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