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Wednesday, October 14, 2009

CPRO.JK - Buy on Strong Support

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

95

0% @ 140

89

SMA 15 @ 82

Upper @ 86

90

38.2% @ 105

87

SMA 25 @ 82

Middle @ 83

84

50% @ 95

84

SMA 50 @ 88

Lower @ 79

82

61.8% @ 84

82 (Pivot)

-

-

79

100% @ 50

79

-

-

74

-

77

-

-

65

-

74

-

-

Recommended Actions:

  • Buy @ 79 (support line, pivot support, and lower Bollinger band).
  • Average Buy @ 74 (support line and pivot support).
  • 1st Sell Target @ 84 (resistance line, Fibo 61.*%, pivot resistance, and middle Bollinger band).
  • 2nd Sell Target @ 95 (89 (resistance line, pivot resistance, and SMA 50).
  • Stop loss (or simply wait) if the price goes below 65.

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