Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
4150 | 0% @ 4225 | 4675 | SMA 15 @ 3921 | Upper @ 4203 |
3875 | 38.2% @ 3900 | 4450 | SMA 25 @ 3882 | Middle @ 3911 |
3575 | 50% @ 3800 | 4300 | SMA 50 @ 3764 | Lower @ 3619 |
3250 | 61.8% @ 3699 | 4075 (Pivot) | - | - |
3025 | 100% @ 3375 | 3925 | - | - |
2800 | - | 3700 | - | - |
- | - | 3550 | - | - |
Recommended Actions:
- Buy @ 3875 (support line, SMA 25, and trendline support).
- Average Buy @ 3575 (support line, and pivot support).
- 1st Sell Target @ 4150 (resistance line and upper Bollinger band).
- 2nd Sell Target @ 4300 (pivot resistance).
- Stop loss (or simply wait) if the price goes below 3250.
0 comments:
Post a Comment