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Friday, November 6, 2009

CTRP.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

355

0% @ 440

336

SMA 15 @ 322

Upper @ 374

335

38.2% @ 321

323

SMA 25 @ 332

Middle @ 321

310

50% @ 284

306

SMA 50 @ 345

Lower @ 269

290

61.8% @ 247

293 (Pivot)

-

-

275

100% @ 129

276

-

-

255

-

263

-

-

240

-

246

-

-


Recommended Actions:

  • Buy @ 290 (support line, Fibo 50%, and pivot point).
  • Average Buy @ 275 (support line, pivot support, and trendline support).
  • 1st Sell Target @ 320 (Fibo 38.2%, pivot resistance, SMA 15, and middle Bollinger band).
  • 2nd Sell Target @ 335 (resistance line, pivot resistance, and SMA 25).
  • Stop loss (or simply wait) if the price goes below 240.


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