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Tuesday, October 13, 2009

INCO.JK - Speculative Buy

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

5050

0% @ 5100

4541

SMA 15 @ 4181

Upper @ 4390

4825

38.2% @ 4500

4433

SMA 25 @ 4212

Middle @ 4218

4550

50% @ 4300

4291

SMA 50 @ 4425

Lower @ 4065

4375

61.8% @ 4125

4183 (Pivot)

-

-

4100

100% @ 3525

4041

-

-

3800

-

3933

-

-

3600

-

3791

-

-

Recommended Actions:

  • Buy @ 4025 (pivot resistance)
  • Average Buy @ 3925 (pivot resistance)
  • 1st Sell Target @ 4200 (pivot point and SMA 15).
  • 2nd Sell Target @ 4300 (resistance line, Fibo 50%, and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 3800.

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