Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
109 | 0% @ 98 | 99 | SMA 15 @ 86 | Upper @ 96 |
104 | 38.2% @ 90 | 95 | SMA 25 @ 88 | Middle @ 86 |
99 | 50% @ 88 | 89 | SMA 50 @ 90 | Lower @ 77 |
94 | 61.8% @ 85 | 85 (Pivot) | - | - |
89 | 100% @ 78 | 79 | - | - |
84 | - | 75 | - | - |
78 | - | 69 | - | - |
Recommended Actions:
- Buy @ 78 (support line, Fibo 100%, pivot support, and lower Bollinger Band).
- Average Buy @ 75 (pivot support).
- 1st Sell Target @ 84 (resistance line, Fibo 61.8%, pivot point, SMA 15, and middle Bollinger Band).
- 2nd Sell Target @ 89 (resistance line, Fibo 50%, pivot resistance, and SMA 25).
- Stop loss (or simply wait) if the price goes below 69.
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