Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
16500 | 0% @ 18100 | 19416 | SMA 15 @ 15666 | Upper @ 17802 |
15800 | 38.2% @ 16591 | 17983 | SMA 25 @ 15302 | Middle @ 15680 |
15500 | 50% @ 16125 | 17216 | SMA 50 @ 14847 | Lower @ 13559 |
15000 | 61.8% @ 15658 | 15783 (Pivot) | - | - |
14450 | 100% @ 14150 | 15016 | - | - |
- | - | 13583 | - | - |
- | - | 12816 | - | - |
Recommended Actions:
- Buy @ 16500 (support line and Fibo 38.2%).
- Average Buy @ 15800 (support line and pivot point).
- 1st Sell Target @ 19400 (pivot resistance).
- 2nd Sell Target @ 20500 (Fibo Extension 61.8%).
- Stop loss (or simply wait) if the price goes below 15500.
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