Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
365 | 0% @ 395 | 311 | SMA 15 @ 304 | Upper @ 347 |
345 | 38.2% @ 288 | 303 | SMA 25 @ 312 | Middle @ 303 |
320 | 50% @ 255 | 291 | SMA 50 @ 320 | Lower @ 259 |
300 | 61.8% @ 221 | 283 (Pivot) | - | - |
280 | 100% @ 115 | 271 | - | - |
240 | - | 263 | - | - |
- | - | 251 | - | - |
Recommended Actions:
- Buy @ 280 (support line, Fibo 38.2%, and pivot point).
- Average Buy @ 255 (Fibo 50%, pivot support, and lower Bollinger band).
- 1st Sell Target @ 300 (resistance line, pivot resistance, SMA 15, and middle Bollinger band).
- 2nd Sell Target @ 320 (resistance line and SMA 50).
- Stop loss (or simply wait) if the price goes below 240.
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