Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
175 | 0% @ 152 | 164 | SMA 15 @ 139 | Upper @ 185 |
160 | 38.2% @ 143 | 158 | SMA 25 @ 155 | Middle @ 146 |
144 | 50% @ 141 | 150 | SMA 50 @ 151 | Lower @ 108 |
134 | 61.8% @ 138 | 144 (Pivot) | - | - |
128 | 100% @ 130 | 136 | - | - |
117 | - | 130 | - | - |
- | - | 122 | - | - |
Recommended Actions:
- Buy @ 140 (Fibo 50%, SMA 15, and trendline support).
- Average Buy @ 134 (support line).
- 1st Sell Target @ 144 (resistance line, Fibo 38.2%, pivot point, and middle Bollinger band).
- 2nd Sell Target @ 160 (resistance line and pivot resistance).
- Stop loss (or simply wait) if the price goes below 128.
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