Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
380 | 0% @ 285 | 345 | SMA 15 @ 241 | Upper @ 289 |
360 | 38.2% @ 243 | 315 | SMA 25 @ 236 | Middle @ 246 |
325 | 50% @ 231 | 290 | SMA 50 @ 243 | Lower @ 202 |
295 | 61.8% @ 218 | 260 (Pivot) | - | - |
250 | 100% @ 177 | 235 | - | - |
220 | - | 205 | - | - |
170 | - | 180 | - | - |
Recommended Actions:
- Buy @ 250 (support line, Fibo 38.2%, pivot point, SMA 15, SMA 25, and middle Bollinger band).
- Average Buy @ 220 (support line, Fibo 61.8%, and trendline supprt).
- 1st Sell Target @ 295 (resistance line, pivot resistance, and upper Bollinger band).
- 2nd Sell Target @ 325 (resistance line).
- Stop loss (or simply wait) if the price goes below 170).
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