Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
5400 | 0% @ 6050 | 5200 | SMA 15 @ 5081 | Upper @ 5328 |
5250 | 38.2% @ 5266 | 5100 | SMA 25 @ 5106 | Middle @ 5094 |
5100 | 50% @ 5026 | 5050 | SMA 50 @ 15312 | Lower @ 4840 |
4975 | 61.8% @ 4783 | 4950 (Pivot) | - | - |
4850 | 100% @ 4000 | 4900 | - | - |
4800 | - | 4800 | - | - |
- | - | 4750 | - | - |
Recommended Actions:
- Buy @ 4850 (support line and lower Bollinger band).
- 1st Sell Target @ 5100 (resistance line, pivot resistance, SMA 25, and middle Bollinger band).
- 2nd Sell Target @ 5250 (resistance line and Fibo 38.2%).
- Stop loss (or simply wait) if the price goes below 4750.
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