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Tuesday, December 22, 2009

ASIA.JK - Posted by Request


Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

135

0% @ 100

133

SMA 15 @ 112

Upper @ 131

122

38.2% @ 117

126

SMA 25 @ 117

Middle @ 115

114

50% @ 122

120

SMA 50 @ 128

Lower @ 98

102

61.8% @ 127

113 (Pivot)

-

-

95

100% @ 145

107

-

-

-

-

100

-

-

-

-

94

-

-


Recommended Actions:

  • Buy @ 102 (support line and trendline support).
  • Average Buy @ 95 (support line and pivot support).
  • 1st Sell Target @ 114 (resistance line, Fibo 38.2%, pivot point, SMA 15, and middle Bollinger band).
  • 2nd Sell Target @ 122 (resistance line, Fibo 50%, and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 80.

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