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Thursday, September 17, 2009

SGRO.JK - Relatively Strong Buy Signal

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

2251

0% @ 2300

2191

SMA 15 @ 2011

Upper @ 2178

2175

38.2% @ 2000

2133

SMA 25 @ 2065

Middle @ 2000

2100

50% @ 1910

2066

SMA 50 @ 1898

Lower @ 1820

2025

61.8% @ 1820

2008 (Pivot)

-

-

1950

100% @ 1520

1941

-

-

1820

-

1883

-

-

-

-

1816

-

-

Recommended Actions:

  • Buy @ 2000 (Fibo 38.2%, pivot point, SMA 15, and middle Bollinger band).
  • Average Buy @ 1950 ( support line and pivot support).
  • 1st Sell Target @ 2100 (resistance line)
  • 2nd Sell Target @ 2175 (resistance line and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 1820.

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