Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
2975 | 0% @ 2825 | 2908 | SMA 15 @ 2663 | Upper @ 3023 |
2800 | 38.2% @ 2418 | 2841 | SMA 25 @ 2524 | Middle @ 2594 |
2700 | 50% @ 2292 | 2758 | SMA 50 @ 2350 | Lower @ 2164 |
2575 | 61.8% @ 2166 | 2691 (Pivot) | - | - |
2400 | 100% @ 1760 | 2608 | - | - |
2275 | - | 2541 | - | - |
2125 | - | 2458 | - | - |
Recommended Actions:
- Buy @ 2600 (pivot support and middle Bollinger band).
- Average Buy @ 2400 (support line and Fibo 38.2%).
- 1st Sell Target @ 2975 (resistance line and upper Bollinger band).
- 2nd Sell Target @ 3100 (Fibo extension 50%).
- Stop loss (or simply wait) if the price goes below 2275.
0 comments:
Post a Comment