Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
275 | 0% @ 275 | 286 | SMA 15 @ 253 | Upper @ 268 |
260 | 38.2% @ 234 | 278 | SMA 25 @ 251 | Middle @ 249 |
250 | 50% @ 222 | 266 | SMA 50 @ 105 | Lower @ 231 |
235 | 61.8% @ 210 | 258 (Pivot) | - | - |
210 | 100% @ 170 | 246 | - | - |
200 | - | 238 | - | - |
- | - | 226 | - | - |
Recommended Actions:
- Buy @ 235 (support line, Fibo 38.2%, pivot support, and lower Bollinger band).
- Average Buy @ 210 (support line and Fibo 61.8%).
- 1st Sell Target @ 260 (resistance line, pivot resistance, and upper Bollinger band).
- 2nd Sell Target @ 275 (resistance line, Fibo 0%, and pivot resistance).
- Stop loss (or simply wait) if the price goes below 200.
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