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

Tuesday, January 26, 2010

BBRI.JK - Buy on Weakness

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

8200

0% @ 7950

8900

SMA 15 @ 7743

Upper @ 8087

8050

38.2% @ 7701

8600

SMA 25 @ 7722

Middle @ 7747

7850

50% @ 7625

8250

SMA 50 @ 7609

Lower @ 7406

7700

61.8% @ 7548

7950 (Pivot)

-

-

7550

100% @ 7300

7600

-

-

7400

-

7300

-

-

7250

-

6950

-

-


Recommended Actions:

  • Buy @ 7550 (support line, Fibo 61.8%, pivot support, and SMA 50).
  • Average Buy @ 7400 (support line and lower Bollinger band).
  • 1st Sell Target @ 7850 (resistance line).
  • 2nd Sell Target @ 8050 (resistance line and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 7250.

0 comments: