Support and Resistance:
Line Studies | Fibonacc2418i | Pivot | Moving Average | Bollinger |
2975 | 0% @ 2825 | 2908 | SMA 15 @ 2588 | Upper @ 3004 |
2800 | 38.2% @ 2418 | 2841 | SMA 25 @ 2460 | Middle @ 2553 |
2700 | 50% @ 2292 | 2758 | SMA 50 @ 2311 | Lower @ 2101 |
2575 | 61.8% @ 2166 | 2691 (Pivot) | - | - |
2400 | 100% @ 1760 | 2608 | - | - |
2275 | - | 2541 | - | - |
2125 | - | 2458 | - | - |
Recommended Actions:
- Buy @ 2400 (support line and Fibo 38.2%).
- Average Buy @ 2275 (support line and trendline support).
- 1st Sell Target @ 2700 (resistance line and pivot point).
- 2nd Sell Target @ 2975 (resistance line and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 2125.
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