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Wednesday, October 21, 2009

PGAS.JK - Speculative Buy on Rally

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

3775

0% @ 3825

4083

SMA 15 @ 3640

Upper @ 3792

3675

38.2% @ 3576

3916

SMA 25 @ 3639

Middle @ 3616

3575

50% @ 3500

3833

SMA 50 @ 3522

Lower @ 3439

3500

61.8% @ 3423

3666 (Pivot)

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3325

100% @ 3175

3583

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3416

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3333

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Recommended Actions:

  • Buy @ 3675 (support line and pivot point).
  • Average Buy @ 3500 (support line, Fibo 50%, and trendline support).
  • 1st Sell Target @ 3825 (Fibo 0% and pivot resistance).
  • 2nd Sell Target @ 3900 (pivot resistance).
  • Stop loss (or simply wait) if the price goes below 3400.

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