Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
380 | 0% @ 285 | 290 | SMA 15 @ 251 | Upper @ 279 |
360 | 38.2% @ 243 | 275 | SMA 25 @ 243 | Middle @ 245 |
325 | 50% @ 231 | 265 | SMA 50 @ 243 | Lower @ 211 |
295 | 61.8% @ 218 | 250 (Pivot) | - | - |
250 | 100% @ 177 | 240 | - | - |
220 | - | 225 | - | - |
170 | - | 215 | - | - |
Recommended Actions:
- Buy @ 250 (support line, pivot point, SMA 15, and middle Bollinger band).
- Average Buy @ 230 (Fibo 50% and trendline support).
- 1st Sell Target @ 295 (resistance line, and pivot resistance).
- 2nd Sell Target @ 325 (resistance line).
- Stop loss (or simply wait) if the price goes below 170.
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