Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
3325 | 0% @ 2975 | 3000 | SMA 15 @ 2633 | Upper @ 2761 |
3150 | 38.2% @ 2678 | 2875 | SMA 25 @ 2638 | Middle @ 2628 |
2975 | 50% @ 2587 | 2800 | SMA 50 @ 2531 | Lower @ 2495 |
2775 | 61.8% @ 2496 | 2675 (Pivot) | - | - |
2600 | 100% @ 2200 | 2600 | - | - |
2400 | - | 2475 | - | - |
2200 | - | 2400 | - | - |
Recommended Actions:
- Buy @ 2775 (support line and pivot support).
- Average Buy @ 2600 (support line, Fibo 50%, pivot support, and trendline suppprt).
- 1st Sell Target @ 3150 (resistance line).
- 2nd Sell Target @ 3325 (resistance line).
- Stop loss (or simply wait) if the price goes below 2400.
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