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Thursday, November 19, 2009

DEWA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

210

0% @ 280

185

SMA 15 @ 165

Upper @ 205

198

38.2% @ 193

178

SMA 25 @ 178

Middle @ 173

190

50% @ 166

170

SMA 50 @ 192

Lower @ 141

180

61.8% @ 139

163 (Pivot)

-

-

170

100% @ 53

155

-

-

160

-

148

-

-

150

-

140

-

-


Recommended Actions:

  • Buy @ 180 (support line and pivot support).
  • Average Buy @ 170 (support line, Fibo 50%, pivot support, and middle Bollinger band).
  • 1st Sell Target @ 198 (resistance line).
  • 2nd Sell Target @ 210 (resistance line).
  • Stop loss (or simply wait) if the price goes below 160.

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