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Monday, February 1, 2010

BUMI.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

2850

0% @ 3000

2841

SMA 15 @ 2713

Upper @ 2982

2725

38.2% @ 2637

2758

SMA 25 @ 2641

Middle @ 2630

2550

50% @ 2525

2616

SMA 50 @ 2574

Lower @ 2278

2425

61.8% @ 2412

2533 (Pivot)

-

-

2275

100% @ 2050

2391

-

-

2200

-

2308

-

-

2150

-

2166

-

-


Recommended Actions:

  • Buy @ 2425 (support line, Fibo 61.8%, and trendline support).
  • Average Buy @ 2275 (support line and lower Bollinger band).
  • 1st Sell Target @ 2725 (resistance line, pivot resistance, SMA 15).
  • 2nd Sell Target @ 2850 (resistance line and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 2150.

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