Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
365 | 0% @ 355 | 435 | SMA 15 @ 264 | Upper @ 379 |
345 | 38.2% @ 299 | 395 | SMA 25 @ 250 | Middle @ 272 |
320 | 50% @ 282 | 360 | SMA 50 @ 256 | Lower @ 166 |
300 | 61.8% @ 265 | 320 (Pivot) | - | - |
280 | 100% @ 210 | 285 | - | - |
240 | - | 245 | - | - |
210 | - | 210 | - | - |
Recommended Actions:
- Buy @ 300 (support line and Fibo 38.2%).
- Average Buy @ 280 (support line, Fibo 50%, and pivot support).
- 1st Sell Target @ 320 (resistance line and pivot point).
- 2nd Sell Target @ 345 (resistance line).
- Stop loss (or simply wait) if the price goes below 240.
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