Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
360 | 0% @ 365 | 380 | SMA 15 @ 346 | Upper @ 364 |
350 | 38.2% @ 340 | 372 | SMA 25 @ 341 | Middle @ 344 |
340 | 50% @ 332 | 361 | SMA 50 @ 330 | Lower @ 323 |
330 | 61.8% @ 324 | 353 (Pivot) | - | - |
320 | 100% @ 300 | 342 | - | - |
- | - | 334 | - | - |
- | - | 323 | - | - |
Recommended Actions:
- Buy @ 340 (support line, Fibo38.2%, pivot support, SMA 25, and middle Bollinger band).
- Average Buy @ 330 (support line, Fibo 50%, pivot support, and SMA 50).
- 1st Sell Target @ 360 (resistance line, Fibo 0%, pivot resistance, and upper Bollinger band).
- 2nd Sell Target @ 380 (pivot resistance).
- Stop loss (or simply wait) if the price goes below 320.
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