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Thursday, November 5, 2009

BBRI.JK - Catching Up

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

7850

0% @ 8700

8416

SMA 15 @ 7626

Upper @ 8774

7350

38.2% @ 7496

8033

SMA 25 @ 7738

Middle @ 7765

7100

50% @ 7125

7566

SMA 50 @ 7581

Lower @ 6753

6900

61.8% @ 6753

7183 (Pivot)

-

-

6650

100% @ 5550

6716

-

-

6300

-

6333

-

-

-

-

5866

-

-

Recommended Actions:

  • Buy @ 6900 (support line).
  • Average Buy @ 6650 (support line, Fibo 61.8%, pivot support, and lower Bollinger band).
  • 1st Sell Target @ 7100 (resistance line, Fibo 50%, and pivot point).
  • 2nd Sell Target @ 7350 (resistance line).
  • Stop loss (or simply wait) if the price goes below 6300.

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