Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
5250 | 0% @ 5000 | 5583 | SMA 15 @ 4768 | Upper @ 5013 |
4975 | 38.2% @ 4694 | 5291 | SMA 25 @ 4717 | Middle @ 4772 |
4825 | 50% @ 4600 | 5133 | SMA 50 @ 4742 | Lower @ 4531 |
4700 | 61.8% @ 4505 | 4841 (Pivot) | - | - |
4500 | 100% @ 4200 | 4683 | - | - |
4400 | - | 4391 | - | - |
4250 | - | 4233 | - | - |
Recommended Actions:
- Buy @ 4700 (support line, Fibo 38.2%, pivot support, SMA 25, and trendline support).
- Average Buy @ 4500 (support line, Fibo 50%, and lower Bollinger band).
- 1st Sell Target @ 4975 (resistance line, Fibo 0%, and upper Bollinger band).
- 2nd Sell Target @ 5250 (resistance line and pivot resistance).
- Stop loss (or simply wait) if the price goes below 4400.
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