Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
104 | 0% @ 83 | 88 | SMA 15 @ 78 | Upper @ 82 |
99 | 38.2% @ 79 | 85 | SMA 25 @ 78 | Middle @ 78 |
94 | 50% @ 78 | 82 | SMA 50 @ 82 | Lower @ 75 |
89 | 61.8% @ 77 | 79 (Pivot) | - | - |
84 | 100% @ 74 | 76 | - | - |
78 | - | 73 | - | - |
75 | - | 70 | - | - |
Recommended Actions:
- Buy @ 75 (support line, Fibo 100%, pivot support, and lower Bollinger band).
- Average Buy @ 73 (support line).
- 1st Sell Target @ 84 (resistance line, Fibo 0%, and pivot resistance).
- 2nd Sell Target @ 89 (resistance line and pivot resistance).
- Stop loss (or simply wait) if the price goes below 70.
0 comments:
Post a Comment