Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2075 | 0% @ 1960 | 1973 | SMA 15 @ 1896 | Upper @ 1982 |
2000 | 38.2% @ 1872 | 1946 | SMA 25 @ 1884 | Middle @ 1892 |
1960 | 50% @ 1845 | 1903 | SMA 50 @ 1920 | Lower @ 1802 |
1910 | 61.8% @ 1817 | 1876 (Pivot) | - | - |
1850 | 100% @ 1730 | 1833 | - | - |
1800 | - | 1806 | - | - |
1750 | - | 1763 | - | - |
Recommended Actions:
- Buy @ 1850 (support line and Fibo 50%).
- Average Buy @ 1800 (support line, Fibo 61.8%, pivot support, and lower Bollinger band).
- 1st Sell Target @ 1960 (resistance line and Fibo 0%).
- 2nd Sell Target @ 2000 (resistance line).
- Stop loss (or simply wait) if the price goes below 1750.
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