Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
1930 | 0% @ 1940 | 1873 | SMA 15 @ 1859 | Upper @ 1942 |
1900 | 38.2% @ 1852 | 1856 | SMA 25 @ 1869 | Middle @ 1854 |
1850 | 50% @ 1825 | 1833 | SMA 50 @ 1851 | Lower @ 1766 |
1800 | 61.8% @ 1797 | 1816 (Pivot) | - | - |
1750 | 100% @ 1710 | 1793 | - | - |
- | - | 1776 | - | - |
- | - | 1753 | - | - |
Recommended Actions:
- Buy @ 1850 (support line, Fibo 38.2%, pivot support, SMA 50, and middle Bollinger band).
- Average Buy @ 1800 (support line, Fibo 61.8%, and pivot support).
- 1st Sell Target @ 1900 (resistance line).
- 2nd Sell Target @ 1930 (resistance line, Fibo 0%, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 1750.
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