Home Our Service About Us Contact Us Disclaimer
The distance between insanity and genius is measured only by success

Friday, October 9, 2009

GGRM.JK - Buy on Weakness

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

15300

0% @ 15450

15300

SMA 15 @ 14446

Upper @ 15271

15000

38.2% @ 14036

15100

SMA 25 @ 14420

Middle @ 14445

14600

50% @ 13600

14800

SMA 50 @ 14453

Lower @ 13613

14050

61.8% @ 13163

14600 (Pivot)

-

-

13700

100% @ 11750

14300

-

-

13150

-

14100

-

-

12750

-

13800

-

-

Recommended Actions:

  • Buy @ 13700 (support line, Fibo 50%, pivot support, and lower Bollinger band).
  • Average Buy @ 13150 (support line and Fibo 61.8%).
  • 1st Sell Target @ 14600 (resistance line and pivot point).
  • 2nd Sell Target @ 15000 (resistance line and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 12750.

0 comments: