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Tuesday, September 29, 2009

ISAT.JK - Speculative Buy

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

5700

0% @ 5650

5950

SMA 15 @ 5390

Upper @ 5650

5550

38.2% @ 5400

5800

SMA 25 @ 5324

Middle @ 5400

5400

50% @ 5350

5650

SMA 50 @ 5359

Lower @ 5150

5250

61.8% @ 5275

5500 (Pivot)

-

-

5100

100% @ 5050

5350

-

-

4975

-

5200

-

-

-

-

5050

-

-

Recommended Actions:

  • Buy @ 5350 (Fibo 50%, pivot support, and SMA 25).
  • Average Buy @ 5250 (support line and pivot support).
  • 1st Sell Target @ 5500 (resistance line and pivot point).
  • 2nd Sell Target @ 5650 (resistance line, Fibo 0%, pivot resistance, and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 4975.

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