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

Friday, October 16, 2009

MEDC.JK - Up Up Up and Away...!!!

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

3525

0% @ 3400

3783

SMA 15 @ 3050

Upper @ 3363

3350

38.2% @ 3150

3591

SMA 25 @ 2988

Middle @ 3047

3225

50% @ 3075

3358

SMA 50 @ 3041

Lower @ 2728

3100

61.8% @ 3000

3166 (Pivot)

-

-

2950

100% @ 2750

2933

-

-

2775

-

2741

-

-

2600

-

2508

-

-

Recommended Actions:

  • Buy @ 2950 (support line, pivot support, and trendline support).
  • Average Buy @ 2775 (support line and Fibo 100%).
  • 1st Sell Target @ 3150 (Fibo 38.2% and pivot point).
  • 2nd Sell Target @ 3350 (resistance line, pivot resistance, and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 2600.

0 comments: