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Tuesday, November 10, 2009

ELTY.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

380

0% @ 390

348

SMA 15 @ 298

Upper @ 380

360

38.2% @ 261

321

SMA 25 @ 319

Middle @ 304

325

50% @ 222

303

SMA 50 @ 341

Lower @ 229

295

61.8% @ 182

276 (Pivot)

-

-

250

100% @ 54

258

-

-

220

-

231

-

-

170

-

213

-

-


Recommended Actions:

  • Buy @ 260 (Fibo 38.2%, pivot support, and trendline support).
  • Average Buy @ 220 (support line and Fibo 50%).
  • 1st Sell Target @ 295 (resistance line,pivot resistance, SMA 15, and middle Bollinger band).
  • 2nd Sell Target @ 325 (resistance line and pivot resistance).
  • Stop loss (or simply wait), if the price goes below 170.

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