Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
12600 | 0% @ 13200 | 14666 | SMA 15 @ 11673 | Upper @ 12555 |
12000 | 38.2% @ 12187 | 13933 | SMA 25 @ 11478 | Middle @ 11677 |
11650 | 50% @ 11875 | 13016 | SMA 50 @ 11391 | Lower @ 10800 |
11350 | 61.8% @ 11562 | 12283 (Pivot) | - | - |
11000 | 100% @ 10550 | 11366 | - | - |
10600 | - | 10633 | - | - |
| - | 9716 | - | - |
Recommended Actions:
- Buy @ 11650 (support line, SMA 15, and middle Bollinger band).
- Average Buy @ 11350 (support line and pivot support).
- 1st Sell Target @ 12000 (resistance line).
- 2nd Sell Target @ 12600 (resistance line and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 11000.
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