Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2850 | 0% @ 2600 | 2533 | SMA 15 @ 2388 | Upper @ 2634 |
2725 | 38.2% @ 2428 | 2466 | SMA 25 @ 2366 | Middle @ 2363 |
2550 | 50% @ 2375 | 2383 | SMA 50 @ 2408 | Lower @ 2092 |
2425 | 61.8% @ 2321 | 2316 (Pivot) | - | - |
2275 | 100% @ 2150 | 2233 | - | - |
2200 | - | 2166 | - | - |
2075 | - | 2083 | - | - |
Recommended Actions:
- Buy @ 2425 (support line and Fibo 38.2%).
- Average Buy @ 2200 (support line).
- 1st Sell Target @ 2550 (resistance line, Fibo 0%, pivot resistance, and trendline resistance).
- 2nd Sell Target @ 2850 (resistance line).
- Stop loss (or simply wait) if the price goes below 2075.
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