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Monday, September 28, 2009

DEWA.JK - Slow and Flat, but Tempting on Triangle

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

240

0% @ 196

220

SMA 15 @ 205

Upper @ 223

230

38.2% @ 214

215

SMA 25 @ 210

Middle @ 208

220

50% @ 220

210

SMA 50 @ 210

Lower @ 192

210

61.8% @ 226

205 (Pivot)

-

-

200

100% @ 245

200

-

-

190

-

195

-

-

185

-

190

-

-

Recommended Actions:

  • Buy @ 205 (pivot point, SMA 15 and trendline support).
  • Average Buy @ 200 (support line and pivot support).
  • 1st Sell Target @ 215 (Fibo 38.2% and pivot resistance)
  • 2nd Sell Target @ 230(resistance line and Fibo 61.8%)
  • Stop loss (or simply wait) if the price goes below 195.

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