Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
3325 | 0% @ 3825 | 2908 | SMA 15 @ 2856 | Upper @ 3324 |
3150 | 38.2% @ 2975 | 2816 | SMA 25 @ 2960 | Middle @ 2849 |
2975 | 50% @ 2712 | 2758 | SMA 50 @ 2945 | Lower @ 2377 |
2775 | 61.8% @ 2449 | 2666 (Pivot) | - | - |
2600 | 100% @ 1600 | 2608 | - | - |
2400 | - | 2516 | - | - |
2200 | - | 2458 | - | - |
Recommended Actions:
- Buy @2600 (support line and pivot support).
- Average Buy @ 2400 (support line, Fibo 61.8%, and pivot support).
- 1st Sell Target @ 2775 (resistance line).
- 2nd Sell Target @ 2975 (resistance line, Fibo 38.4%, and SMA 25).
- Stop loss (or simply wait) if the price goes below 2200.
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