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Sunday, September 27, 2009

TINS.JK - Currently at Trendline Support

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

2400

0% @ 2400

2233

SMA 15 @ 2103

Upper @ 2261

2275

38.2% @ 2150

2191

SMA 25 @ 2113

Middle @ 2124

2175

50% @ 2075

2158

SMA 50 @ 2094

Lower @ 1997

2100

61.8% @ 1975

2116 (Pivot)

-

-

2025

100% @ 1725

2083

-

-

1975

-

2041

-

-

-

-

2008

-

-

Recommended Actions:

  • Buy @ 2075 (Fibo 50% and trendline support).
  • Average Buy @ 2025 (support line and pivot support).
  • 1st Sell Target @ 2150 (Fibo 38.2% and pivot resistance).
  • 2nd Sell Target @ 2275 (resistance line and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 1975.

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