Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
1650 | 0% @ 1650 | 1746 | SMA 15 @ 1488 | Upper @ 1776 |
1600 | 38.2% @ 1405 | 1673 | SMA 25 @ 1360 | Middle @ 1424 |
1530 | 50% @ 1330 | 1606 | SMA 50 @ 1212 | Lower @ 1073 |
1490 | 61.8% @ 1254 | 1533 (Pivot) | - | - |
1450 | 100% @ 1010 | 1466 | - | - |
- | - | 1393 | - | - |
- | - | 1326 | - | - |
Recommended Actions:
- Buy @ 1530 (support line and pivot point).
- Average Buy @ 1490 (support line, SMA 15, and trendline support).
- 1st Sell Target @ 1650 (resistance line and Fibo 0%).
- 2nd Sell Target @ 1750 (pivot resistance and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 1450.
0 comments:
Post a Comment