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Tuesday, January 12, 2010

ENRG.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

341

0% @ 210

230

SMA 15 @ 194

Upper @ 224

314

38.2% @ 199

220

SMA 25 @ 200

Middle @ 205

280

50% @ 196

212

SMA 50 @ 245

Lower @ 187

245

61.8% @ 192

202 (Pivot)

-

-

220

100% @ 182

194

-

-

201

-

184

-

-

184

-

176

-

-


Recommended Actions:

  • Buy @ 184 (support line and pivot support).
  • 1st Sell Target @ 201 (resistance line, pivot point, SMA 25, and middle Bollinger band).
  • 2nd Sell Target @ 220 (resistance line, pivot resistance, and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 176.

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