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Thursday, October 29, 2009

ENRG.JK - Posted by Request

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

395

0% @ 520

406

SMA 15 @ 348

Upper @ 413

365

38.2% @ 348

383

SMA 25 @ 361

Middle @ 357

335

50% @ 295

351

SMA 50 @ 377

Lower @ 301

315

61.8% @ 241

328 (Pivot)

-

-

275

100% @ 70

296

-

-

225

-

273

-

-

165

-

241

-

-

Recommended Actions:

  • Buy @ 225 (support line).
  • 1st Sell Target @ 275 (resistance line, pivot support).
  • 2nd Sell Target @ 315 (resistance line).
  • Stop loss (or simply wait) if the price goes below 165.

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