Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
380 | 0% @ 380 | 366 | SMA 15 @ 312 | Upper @ 404 |
345 | 38.2% @ 315 | 353 | SMA 25 @ 284 | Middle @ 301 |
320 | 50% @ 295 | 336 | SMA 50 @ 257 | Lower @ 197 |
300 | 61.8% @ 274 | 323 (Pivot) | - | - |
275 | 100% @ 210 | 306 | - | - |
250 | - | 293 | - | - |
- | - | 276 | - | - |
Recommended Actions:
- Buy @ 345 (support line).
- Average Buy @ 320 (support line, Fibo 38.2%, and pivot point).
- 1st Sell Target @ 380 (resistance line and Fibo 0%).
- 2nd Sell Target @ 400 (upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 300.
0 comments:
Post a Comment