Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2850 | 0% @ 3000 | 2841 | SMA 15 @ 2713 | Upper @ 2982 |
2725 | 38.2% @ 2637 | 2758 | SMA 25 @ 2641 | Middle @ 2630 |
2550 | 50% @ 2525 | 2616 | SMA 50 @ 2574 | Lower @ 2278 |
2425 | 61.8% @ 2412 | 2533 (Pivot) | - | - |
2275 | 100% @ 2050 | 2391 | - | - |
2200 | - | 2308 | - | - |
2150 | - | 2166 | - | - |
Recommended Actions:
- Buy @ 2425 (support line, Fibo 61.8%, and trendline support).
- Average Buy @ 2275 (support line and lower Bollinger band).
- 1st Sell Target @ 2725 (resistance line, pivot resistance, SMA 15).
- 2nd Sell Target @ 2850 (resistance line and pivot resistance).
- Stop loss (or simply wait) if the price goes below 2150.
0 comments:
Post a Comment