Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
150 | 0% @ 111 | 150 | SMA 15 @ 117 | Upper @ 128 |
141 | 38.2% @ 128 | 141 | SMA 25 @ 117 | Middle @ 118 |
132 | 50% @ 133 | 134 | SMA 50 @ 117 | Lower @ 108 |
126 | 61.8% @ 138 | 125 (Pivot) | - | - |
120 | 100% @ 156 | 118 | - | - |
112 | - | 109 | - | - |
102 | - | 102 | - | - |
Recommended Actions:
- Buy @ 120 (support line, pivot support, middle Bollinger band, and trendline support).
- Average Buy @ 112 (support line and Fibo 0%).
- 1st Sell Target @ 126 (resistance line, Fibo 38.2%, pivot point, and upper Bollinger band).
- 2nd Sell Target @ 132 (resistance line and Fibo 50%).
- Stop loss (or simply wait) if the price goes below 102.
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