BUMI.JK - Retracement is Imminent

Support and Resistance:

Line Studies	Fibonacci	Pivot	Moving Average	Bollinger
3100	0% @ 2825	3291	SMA 15 @ 2456	Upper @ 2975
9000	38.2% @ 2550	3058	SMA 25 @ 2564	Middle @ 2573
2850	50% @ 2462	2941	SMA 50 @ 2819	Lower @ 2168
2725	61.8% @ 2376	2708 (Pivot)	-	-
2550	100% @ 2100	2591	-	-
2275	-	2358	-	-
2075	-	2241	-	-

Recommended Actions:

• Buy @ 2725 (support line).
• Average Buy @ 2550 (support line, Fibo 38.2%, SMA 25).
• 1^st Sell Target @ 2850 (resistance line).
• 2^nd Sell Target @ 3000 (resistance line).
• Stop loss (or simply wait) if the price goes below 2275.