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Thursday, November 12, 2009

ENRG.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

395

0% @ 520

418

SMA 15 @ 297

Upper @ 395

365

38.2% @ 348

371

SMA 25 @ 321

Middle @ 311

335

50% @ 295

338

SMA 50 @ 351

Lower @ 234

315

61.8% @ 241

291 (Pivot)

-

-

275

100% @ 70

258

-

-

225

-

211

-

-

165

-

178

-

-


Recommended Actions:

  • Buy @ 275 (support line).
  • Average Buy @ 250 (Fibo 61.8% and pivot support).
  • 1st Sell Target @ 315 (resistance line and middle Bollinger band).
  • 2nd Sell Target @ 335 (resistance line and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 225.


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