Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2400 | 0% @ 2250 | 2200 | SMA 15 @ 1894 | Upper @ 2048 |
2275 | 38.2% @ 2062 | 2100 | SMA 25 @ 1913 | Middle @ 1908 |
2125 | 50% @ 2005 | 2050 | SMA 50 @ 1975 | Lower @ 1748 |
1980 | 61.8% @ 1947 | 1950 (Pivot) | - | - |
1850 | 100% @ 1760 | 1900 | - | - |
1740 | - | 1800 | - | - |
- | - | 1750 | - | - |
Recommended Actions:
- Buy @ 2125 (support line and pivot support).
- Average Buy @ 1980 (support line, Fibo 50%, and pivot point).
- 1st Sell Target @ 2275 (resistance line).
- 2nd Sell Target @ 2400 (resistance line).
- Stop loss (or simply wait) if the price goes below 1850.
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