SMGR.JK - Buy on Weakness

Support and Resistance:

Line Studies	Fibonacci	Pivot	Moving Average	Bollinger
7800	0% @ 7800	8116	SMA 15 @ 7290	Upper @ 7601
7500	38.2% @ 7150	7833	SMA 25 @ 7164	Middle @ 7184
7300	50% @ 6950	7466	SMA 50 @ 6880	Lower @ 6766
7000	61.8% @ 6749	7183 (Pivot)	-	-
6800	100% @ 6100	6816	-	-
6550	-	6533	-	-
6350	-	6166	-	-

Recommended Actions:

• Buy @ 7000 (support line and Fibo 50%).
• Average Buy @ 6800 (support line, Fibo 61.8%, pivot support, SMA 50, and lower Bollinger band).
• 1^st Sell Target @ 7500 (resistance line and pivot resistance).
• 2^nd Sell Target @ 7800 (resistance line, Fibo 0%, and pivot resistance).
• Stop loss (or simply wait) if the price goes below 6550.