Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
3050 | 0% @ 3100 | 2858 | SMA 15 @ 2691 | Upper @ 2829 |
2875 | 38.2% @ 2698 | 2816 | SMA 25 @ 2704 | Middle @ 2710 |
2725 | 50% @ 2575 | 2758 | SMA 50 @ 2782 | Lower @ 2591 |
2600 | 61.8% @ 2451 | 2716 (Pivot) | - | - |
2525 | 100% @ 2050 | 2658 | - | - |
2375 | - | 2616 | - | - |
- | - | 2558 | - | - |
Recommended Actions:
- Buy @ 2600 (support line, pivot support, and lower Bollinger band).
- Average Buy @ 2525 (support line).
- 1st Sell Target @ 2725 (resistance line, pivot point, and middle Bollinger band).
- 2nd Sell Target @ 2875 (resistance line).
- Stop loss (or simply wait) if the price goes below 2375.
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