Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
1760 | 0% @ 1620 | 1880 | SMA 15 @ 1437 | Upper @ 1669 |
1660 | 38.2% @ 1505 | 1730 | SMA 25 @ 1460 | Middle @ 1486 |
1570 | 50% @ 1470 | 1640 | SMA 50 @ 1562 | Lower @ 1303 |
1460 | 61.8% @ 1434 | 1490 (Pivot) | - | - |
1350 | 100% @ 1320 | 1400 | - | - |
- | - | 1250 | - | - |
- | - | 1160 | - | - |
Recommended Actions:
- Buy @ 1570 (support line).
- Average Buy @ 1460 (support line, Fibo 50%, and SMA 25).
- 1st Sell Target @ 1660 (resistance line and upper Bollinger band).
- 2nd Sell Target @ 1760 (resistance line).
- Stop loss (or simply wait) if the price goes below 1350.
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