Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
1020 | 0% @ 1040 | 1300 | SMA 15 @ 896 | Upper @ 1059 |
940 | 38.2% @ 724 | 1170 | SMA 25 @ 863 | Middle @ 866 |
860 | 50% @ 627 | 1070 | SMA 50 @ 609 | Lower @ 673 |
770 | 61.8% @ 530 | 940 (Pivot) | - | - |
650 | 100% @ 215 | 840 | - | - |
- | - | 710 | - | - |
- | - | 610 | - | - |
Recommended Actions:
- Buy @ 860 (support line, SMA 25, middle Bollinger band, and trendline support).
- Average Buy @ 770 (support line).
- 1st Sell Target @ 940 (resistance line and pivot point).
- 2nd Sell Target @ 1020 (resistance line).
- Stop loss (or simply wait) if the price goes below 650.
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