Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
3400 | 0% @ 3475 | 3558 | SMA 15 @ 2545 | Upper @ 2820 |
3000 | 38.2% @ 2709 | 3216 | SMA 25 @ 2499 | Middle @ 2520 |
2850 | 50% @ 2472 | 2783 | SMA 50 @ 2651 | Lower @ 2220 |
2550 | 61.8% @ 2235 | 2441 (Pivot) | - | - |
2150/2200 | 100% @ 1470 | 2008 | - | - |
2075 | - | 1666 | - | - |
1900 | - | 1233 | - | - |
Recommended Actions:
- Buy @ 2200 (support line, Fibo 61.8%, lower Bollinger band, and trendline support).
- Average Buy @ 2075 (support line and pivot support).
- 1st Sell Target @ 2850 (resistance line and upper Bollinger band).
- 2nd Sell Target @ 3000 (resistance line).
- Stop loss (or simply wait) if the price goes below 1900.
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