Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
150 | 0% @ 138 | 158 | SMA 15 @ 124 | Upper @ 141 |
141 | 38.2% @ 127 | 148 | SMA 25 @ 120 | Middle @ 124 |
132 | 50% @ 124 | 140 | SMA 50 @ 118 | Lower @ 106 |
126 | 61.8% @ 120 | 130 (Pivot) | - | - |
120 | 100% @ 110 | 122 | - | - |
112 | - | 112 | - | - |
102 | - | 104 | - | - |
Recommended Actions:
- Buy @ 126 (support line, Fibo 38.2%, and trendline support).
- Average Buy @ 120 (support line, Fibo 61.8%, and SMA 25).
- 1st Sell Target @ 132 (resistance line).
- 2nd Sell Target @ 141 (resistance line, pivot resistance, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 110.
0 comments:
Post a Comment