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Wednesday, January 27, 2010

MEDC.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

3150

0% @ 2725

2658

SMA 15 @ 2540

Upper @ 2751

2975

38.2% @ 2581

2591

SMA 25 @ 2530

Middle @ 2552

2775

50% @ 2537

2533

SMA 50 @ 2589

Lower @ 2353

2600

61.8% @ 2493

2466 (Pivot)

-

-

2400

100% @ 2350

2408

-

-

-

-

2341

-

-

-

-

2283

-

-


Recommended Actions:

  • Buy @ 2400 (support line and pivot support).
  • Average Buy @ 2350 (Fibo 100%, pivot support,, and lower Bollinger band).
  • 1st Sell Target @ 2600 (resistance line and pivot resistance).
  • 2nd Sell Target @ 2775 (resistance line).
  • Stop loss (or simply wait) if the price goes below 2275.

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