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Thursday, November 19, 2009

BTEL.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

164

0% @ 151

168

SMA 15 @ 122

Upper @ 148

156

38.2% @ 131

153

SMA 25 @ 126

Middle @ 127

147

50% @ 125

141

SMA 50 @ 132

Lower @ 105

137

61.8% @ 118

126 (Pivot)

-

-

128

100% @ 99

114

-

-

121

-

99

-

-

-

-

87

-

-


Recommended Actions:

  • Buy @ 137 (support line).
  • Average Buy @ 128 (support line, Fibo 50%, pivot point, SMA 25, and middle Bollinger band).
  • 1st Sell Target @ 156 (resistance line).
  • 2nd Sell Target @ 164 (resistance line).
  • Stop loss (or simply wait) if the price goes below 121.


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