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Thursday, November 19, 2009

KARK.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

150

0% @ 124

122

SMA 15 @ 105

Upper @ 124

137

38.2% @ 114

117

SMA 25 @ 111

Middle @ 109

129

50% @ 111

112

SMA 50 @ 104

Lower @ 93

115

61.8% @ 108

107 (Pivot)

-

-

108

100% @ 99

102

-

-

99

-

97

-

-

92

-

92

-

-


Recommended Actions:

  • Buy @ 115 (support line and Fibo 38.2%).
  • Average Buy @ 108 (support line, Fibo 61.8%, pivot point, and middle Bollinger band).
  • 1st Sell Target @ 129 (resistance line).
  • 2nd Sell Target @ 137 (resistance line).
  • Stop loss (or simply wait) if the price goes below 99.

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