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Sunday, November 8, 2009

LSIP.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

8700

0% @ 8750

8233

SMA 15 @ 8010

Upper @ 8875

8200

38.2% @ 7355

8016

SMA 25 @ 8046

Middle @ 7887

7850

50% @ 6925

7833

SMA 50 @ 7841

Lower @ 6894

7650

61.8% @ 6494

7616 (Pivot)

-

-

7300

100% @ 5100

7433

-

-

7000

-

7216

-

-

6450

-

7033

-

-


Recommended Actions:

  • Buy @ 7300 (support line, Fibo 38.2%, and trendline support).
  • Average Buy @ 7000 (support line, Fibo 50%, and pivot support).
  • 1st Sell Target @ 7650 (resistance line and pivot point).
  • 2nd Sell Target @ 7850 (resistance line, pivot resistance, SMA 50, and middle Bollinger band).
  • Stop Loss (or simply wait), if the price goes below 6450.

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