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Friday, November 6, 2009

PTBA.JK - Speculative Buy on Trendline Support

Support and Resistance:

Line Studies

Fibonacci Retracement

Pivot Calculator

Moving Average

Bollinger Band

15500

0% @ 16000

17933

SMA 15 @ 14840

Upper @ 15628

14850

38.2% @ 14643

16966

SMA 25 @ 14582

Middle @ 14675

14400

50% @ 14225

16083

SMA 50 @ 14032

Lower @ 13707

13950

61.8% @ 13806

15116 (Pivot)

-

-

13500

100% @ 12450

14233

-

-

12900

-

13266

-

-

-

-

12383

-

-

Recommended Actions:

  • Buy @ 14400 (support line and trendline support).
  • Average Buy @ 13950 (support line).
  • 1st Sell Target @ 14850 (resistance line and SMA 15).
  • 2nd Sell Target @ 15500 (resistance line and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 13500.

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