Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
17950 | 0% @ 18100 | 18800 | SMA 15 @ 16416 | Upper @ 18992 |
17050 | 38.2% @ 16591 | 18400 | SMA 25 @ 15710 | Middle @ 16297 |
16500 | 50% @ 16125 | 17850 | SMA 50 @ 15105 | Lower @ 13602 |
15800 | 61.8% @ 15658 | 17450 (Pivot) | - | - |
15500 | 100% @ 14150 | 16900 | - | - |
15000 | - | 16500 | - | - |
14450 | - | 15950 | - | - |
Recommended Actions:
- Buy @ 16500 (support line, Fibo 38.2%, pivot support, and SMA 15).
- Average Buy @ 15800 (support line, pivot support, and SMA 25).
- 1st Sell Target @ 17450 (pivot point).
- 2nd Sell Target @ 17950 (resistance line).
- Stop loss (or simply wait) if the price goes below 15500.
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