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Friday, February 19, 2010

MEDC.JK - Posted by Request

Support and Resistance:



Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

3150

0% @ 2550

2533

SMA 15 @ 2380

Upper @ 2609

2975

38.2% @ 2416

2441

SMA 25 @ 2419

Middle @ 2397

2775

50% @ 2375

2383

SMA 50 @ 2479

Lower @ 2185

2600

61.8% @ 2333

2291 (Pivot)

-

-

2400

100% @ 2200

2233

-

-

2250

-

2141

-

-

-

-

2083

-

-



Recommended Actions:

  • Buy @ 2400 (support line, Fibo 38.2%, SMA 25, and middle Bollinger band).
  • Average Buy @ 2250 (support line and pivot support).
  • 1st Sell Target @ 2600 (resistance line and upper Bollinger band).
  • 2nd Sell Target @ 2775 (resistance line).
  • Stop loss (or simply wait) if the price goes below 2100.

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