Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
1080 | 0% @ 880 | 1076 | SMA 15 @ 983 | Upper @ 1073 |
1040 | 38.2% @ 1051 | 1033 | SMA 25 @ 987 | Middle @ 979 |
970 | 50% @ 1105 | 966 | SMA 50 @ 1037 | Lower @ 886 |
880 | 61.8% @ 1158 | 923 (Pivot) | - | - |
810 | 100% @ 1330 | 856 | - | - |
730 | - | 813 | - | - |
- | - | 746 | - | - |
Recommended Actions:
- Buy @ 880 (support line, Fibo 0%, and lower Bollinger band).
- Average Buy @ 810 (support line and pivot support).
- 1st Sell Target @ 1040 (resistance line, Fibo 38.2%, pivot resistance, and SMA 50).
- 2nd Sell Target @ 1080 (resistance line, pivot resistance, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 730.
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