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Thursday, October 29, 2009

MEDC.JK - Posted by Request

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

3225

0% @ 3775

3391

SMA 15 @ 3066

Upper @ 3295

3100

38.2% @ 2955

3283

SMA 25 @ 3048

Middle @ 3082

3000

50% @ 2702

3166

SMA 50 @ 3009

Lower @ 2864

2875

61.8% @ 2449

3058 (Pivot)

-

-

2775

100% @ 1630

2941

-

-

2600

-

2833

-

-

2350

-

2716

-

-

Recommended Actions:

  • Buy @ 2700 (Fibo 50% and pivot support).
  • Average Buy @ 2600 (support line).
  • 1st Sell Target @ 2875 (resistance line).
  • 2nd Sell Target @ 3000 (resistance line and SMA 25).
  • Stop loss (or simply wait) if the price goes below 2350.

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