Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
19950 | 0% @ 19950 | 21016 | SMA 15 @ 18653 | Upper @ 20160 |
19450 | 38.2% @ 18040 | 20483 | SMA 25 @ 18038 | Middle @ 18373 |
18750 | 50% @ 17450 | 19516 | SMA 50 @ 17318 | Lower @ 16585 |
18350 | 61.8% @ 16860 | 18983 (Pivot) | - | - |
18050 | 100% @ 14950 | 18016 | - | - |
17400 | - | 17483 | - | - |
- | - | 16516 | - | - |
Recommended Actions:
- Buy @ 18350 (support line, trendline support, and middle Bollinger band).
- Average Buy @ 18050 (support line, Fibo 38.2%, and SMA 25).
- 1st Sell Target @ 19450 (resistance line and pivot resistance).
- 2nd Sell Target @ 19950 (resistance line and Fibo 0%).
- Stop loss (or simply wait) if the price goes below 17400.
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