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Tuesday, February 2, 2010

ANTM.JK - Speculative Buy on Double Bottom

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

2625

0% @ 2400

2316

SMA 15 @ 2211

Upper @ 2397

2525

38.2% @ 2266

2258

SMA 25 @ 2225

Middle @ 2202

2375

50% @ 2225

2191

SMA 50 @ 2262

Lower @ 2007

2250

61.8% @ 2183

2133 (Pivot)

-

-

2150

100% @ 2050

2066

-

-

2050

-

2008

-

-

1850

-

1941

-

-


Recommended Actions:

  • Buy @ 2050 (support line, Fibo 100%, and pivot support).
  • 1st Sell Target @ 2250 (resistance line and pivot resistance).
  • 2nd Sell Target @ 2375 (resistance line).
  • Stop loss (or simply wait) if the price goes below 1850.

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