Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
113 | 0% @ 113 | 121 | SMA 15 @ 102 | Upper @ 107 |
109 | 38.2% @ 104 | 117 | SMA 25 @ 102 | Middle @ 102 |
104 | 50% @ 101 | 109 | SMA 50 @ 99 | Lower @ 96 |
101 | 61.8% @ 98 | 105 (Pivot) | - | - |
99 | 100% @ 90 | 97 | - | - |
95 | - | 93 | - | - |
93 | - | 85 | - | - |
Recommended Actions:
- Buy @ 99 (support line, Fibo 61.8%, and SMA 50).
- Average Buy @ 95 (support line, lower Bollinger band, and trendline support).
- 1st Sell Target @ 109 (resistance line and pivot resistance).
- 2nd Sell Target @ 113 (resistance line, Fibo 0%, and trendline resistance).
- Stop loss (or simply wait) if the price goes below 93.
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