Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2850 | 0% @ 2600 | 2750 | SMA 15 @ 2436 | Upper @ 2750 |
2725 | 38.2% @ 2428 | 2675 | SMA 25 @ 2382 | Middle @ 2458 |
2550 | 50% @ 2375 | 2625 | SMA 50 @ 2509 | Lower @ 2167 |
2425 | 61.8% @ 2321 | 2550 (Pivot) | - | - |
2275 | 100% @ 2150 | 2500 | - | - |
2200 | - | 2425 | - | - |
2150 | - | 2375 | - | - |
Recommended Actions:
- Buy @ 2425 (support line, Fibo 38.2%, pivot support, SMA 15, and middle Bollinger band).
- Average Buy @ 2275 (support line).
- 1st Sell Target @ 2550 (resistance line, and pivot point).
- 2nd Sell Target @ 2725 (resistance line, pivot resistance, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 2150.
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