Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
325 | 0% @ 285 | 280 | SMA 15 @ 248 | Upper @ 266 |
295 | 38.2% @ 243 | 270 | SMA 25 @ 247 | Middle @ 245 |
270 | 50% @ 231 | 255 | SMA 50 @ 241 | Lower @ 224 |
250 | 61.8% @ 218 | 245 (Pivot) | - | - |
220 | 100% @ 177 | 230 | - | - |
205 | - | 220 | - | - |
170 | - | 205 | - | - |
Recommended Actions:
- Buy @ 245 (Fibo 38.2%, pivot point, and middle Bollinger band).
- Average Buy @ 220 (support line, Fibo 61.8%, pivot support, and lower Bollinger band).
- 1st Sell Target @ 270 (resistance line, pivot resistance, and upper Bollinger band).
- 2nd Sell Target @ 295 (resistance line).
- Stop loss (or simply wait) if the price goes below 205.
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