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

Monday, January 4, 2010

SDRA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

365

0% @ 395

311

SMA 15 @ 304

Upper @ 347

345

38.2% @ 288

303

SMA 25 @ 312

Middle @ 303

320

50% @ 255

291

SMA 50 @ 320

Lower @ 259

300

61.8% @ 221

283 (Pivot)

-

-

280

100% @ 115

271

-

-

240

-

263

-

-

-

-

251

-

-


Recommended Actions:

  • Buy @ 280 (support line, Fibo 38.2%, and pivot point).
  • Average Buy @ 255 (Fibo 50%, pivot support, and lower Bollinger band).
  • 1st Sell Target @ 300 (resistance line, pivot resistance, SMA 15, and middle Bollinger band).
  • 2nd Sell Target @ 320 (resistance line and SMA 50).
  • Stop loss (or simply wait) if the price goes below 240.

0 comments: