Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
270 | 0% @ 270 | 265 | SMA 15 @ 239 | Upper @ 269 |
255 | 38.2% @ 243 | 255 | SMA 25 @ 226 | Middle @ 230 |
245 | 50% @ 235 | 245 | SMA 50 @ 214 | Lower @ 191 |
235 | 61.8% @ 226 | 235 (Pivot) | - | - |
225 | 100% @ 200 | 225 | - | - |
215 | - | 215 | - | - |
200 | - | 205 | - | - |
Recommended Actions:
- Buy @ 235 (support line, Fibo 50%, pivot point, and middle Bollinger band).
- Average Buy @ 215 (support line, pivot support, and SMA 50).
- 1st Sell Target @ 255 (resistance line and pivot resistance).
- 2nd Sell Target @ 270 (resistance line, Fibo %, and upper Bollinger band).
- Stop loss (or simply wait) if the price goes below 200.
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