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Wednesday, October 28, 2009

BUMI.JK - Win Some or Learn Some

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

3400

0% @ 3475

3483

SMA 15 @ 2865

Upper @ 3354

3225

38.2% @ 2709

3266

SMA 25 @ 3011

Middle @ 2937

2925

50% @ 2472

3008

SMA 50 @ 3012

Lower @ 2523

2650

61.8% @ 2235

2791 (Pivot)

-

-

2275

100% @ 1470

2533

-

-

2075

-

2316

-

-

1900

-

2058

-

-

Recommended Actions:

  • Buy @ 2475 (Fibo 50%).
  • Average Buy @ 2275 (support line and trendline support).
  • 1st Sell Target @ 2650 (resistance line).
  • 2nd Sell Target @ 2800 (pivot point).
  • Stop loss (or simply wait) if the price goes below 2050).

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