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Tuesday, November 24, 2009

CTRA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

710

0% @ 530

626

SMA 15 @ 585

Upper @ 697

670

38.2% @ 656

603

SMA 25 @ 614

Middle @ 598

630

50% @ 695

576

SMA 50 @ 677

Lower @ 499

580

61.8% @ 733

553 (Pivot)

-

-

540

100% @ 860

526

-

-

510

-

503

-

-

480

-

476

-

-


Recommended Actions:

  • Buy @ 540 (support line and pivot support).
  • Average Buy @ 510 (support line and pivot support).
  • 1st Sell Target @ 580 (resistance line, pivot resistance, and middle Bollinger band).
  • 2nd Sell Target @ 630 (resistance line and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 480.

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