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Monday, January 25, 2010

ADRO.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

2050

0% @ 2075

2135

SMA 15 @ 1863

Upper @ 2168

1920

38.2% @ 1912

2080

SMA 25 @ 1807

Middle @ 1864

1770

50% @ 1862

2010

SMA 50 @ 1727

Lower @ 1560

1670

61.8% @ 1812

1955 (Pivot)

-

-

1580

100% @ 1650

1885

-

-

-

-

1830

-

-

-

-

1760

-

-


Recommended Actions:

  • Buy @ 1920 (support line and Fibo 38.2%).
  • Average Buy @ 1770 (support line and pivot support).
  • 1st Sell Target @ 2050 (resistance line).
  • 2nd Sell Target @ 2125 (pivot resistance).
  • Stop loss (or simply wait) if the price goes below 1670.

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