Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
135 | 0% @ 125 | 145 | SMA 15 @ 112 | Upper @ 123 |
130 | 38.2% @ 115 | 135 | SMA 25 @ 111 | Middle @ 112 |
125 | 50% @ 112 | 127 | SMA 50 @ 108 | Lower @ 101 |
120 | 61.8% @ 109 | 117 (Pivot) | - | - |
115 | 100% @ 100 | 109 | - | - |
112 | - | 99 | - | - |
107 | - | 91 | - | - |
Recommended Actions:
- Buy @ 115 (support line and Fibo 38.2%).
- Average Buy @ 112 (support line, Fibo 50%, SMA 15, middle Bollinger band, and trendline support).
- 1st Sell Target @ 125 (resistance line, Fibo 0%, pivot resistance, and upper Bollinger band).
- 2nd Sell Target @ 130 (resistance line and trendline resistance).
- Stop loss (or simply wait) if the price goes below 107.
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