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Wednesday, November 4, 2009

ANTM.JK - Speculative Buy on Weakness

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

2725

0% @ 2775

3050

SMA 15 @ 2500

Upper @ 2859

2525

38.2% @ 2299

2825

SMA 25 @ 2513

Middle @ 2525

2375

50% @ 2152

2550

SMA 50 @ 2468

Lower @ 2202

2175

61.8% @ 2005

2325 (Pivot)

-

-

2050

100% @ 1530

2050

-

-

1850

-

1825

-

-

1650

-

1550

-

-

Recommended Actions:

  • Buy @ 2050 (support line,pivot support, and trendline support).
  • Average Buy @ 1850 (support line and pivot support).
  • 1st Sell Target @ 2175 (resistance line and Fibo 50%).
  • 2nd Sell Target @ 2325 (pivot point).
  • Stop loss (or simply wait) if the price goes below 1650.

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