Home Our Service About Us Contact Us Disclaimer
The distance between insanity and genius is measured only by success

Thursday, December 3, 2009

MEDC.JK - Possible Trendline Breakout

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

2775

0% @ 2450

2958

SMA 15 @ 2645

Upper @ 2858

2700

38.2% @ 2812

2866

SMA 25 @ 2689

Middle @ 2679

2575

50% @ 2925

2708

SMA 50 @ 2866

Lower @ 2518

2450

61.8% @ 3037

2616 (Pivot)

-

-

2325

100% @ 3400

2458

-

-

-

-

2366

-

-

-

-

2208

-

-


Recommended Actions:

  • Buy @ 2575 (support line).
  • Average Buy @ 2450 (support line, Fibo 0%, and pivot support).
  • 1st Sell Target @ 2775 (resistance line).
  • 2nd Sell Target @ 2850 (pivot resistance, SMA 50, and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 2325.

0 comments: