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Monday, January 4, 2010

SRSN.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

76

0% @ 92

78

SMA 15 @ 73

Upper @ 89

72

38.2% @ 78

75

SMA 25 @ 70

Middle @ 69

69

50% @ 74

71

SMA 50 @ 66

Lower @ 50

66

61.8% @ 69

68 (Pivot)

-

-

63

100% @ 56

64

-

-

61

-

61

-

-

57

-

57

-

-


Recommended Actions:

  • Buy @ 63 (support line and pivot support).
  • Average Buy @ 61 (support line and pivot support).
  • 1st Sell Target @ 69 (resistance line, Fibo 61.8%, pivot point, SMA 25, and middle Bollinger band).
  • 2nd Sell Target @ 72 (resistance line, pivot resistance, and SMA 15).
  • Stop loss (or simply wait) if the price goes below 57.

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