Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
9400 | 0% @ 9800 | 9916 | SMA 15 @ 9143 | Upper @ 9827 |
9250 | 38.2% @ 9055 | 9683 | SMA 25 @ 9252 | Middle @ 9115 |
9000 | 50% @ 8825 | 9316 | SMA 50 @ 9247 | Lower @ 8404 |
8750 | 61.8% @ 8597 | 9083 (Pivot) | - | - |
8600 | 100% @ 7850 | 8716 | - | - |
8350 | - | 8403 | - | - |
8150 | - | 8116 | - | - |
Recommended Actions:
- Buy @ 8600 (support line and Fibo 61.8%).
- Average Buy @ 8350 (support line, pivot support, and lower Bollinger band).
- 1st Sell Target @ 9000 (resistance line, and Fibo 38.2%).
- 2nd Sell Target @ 9250 (resistance line, SMA 25, and SMA 50).
- Stop loss (or simply wait) if the price goes below 8150.
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