ADRO.JK - Buy on Weakness

Support and Resistance:

Line Studies	Fibonacci	Pivot	Moving Average	Bollinger
2050	0% @ 2075	1990	SMA 15 @ 1866	Upper @ 1931
1920	38.2% @ 1912	1960	SMA 25 @ 1853	Middle @ 1862
1840	50% @ 1862	1920	SMA 50 @ 1882	Lower @ 1793
1770	61.8% @ 1812	1890 (Pivot)	-	-
1670	100% @ 1650	1850	-	-
1580	-	1820	-	-
-	-	1780	-	-

Recommended Actions:

• Buy @ 1840 (support line, pivot support, and SMA 25).
• Average Buy @ 1770 (support line, and pivot support).
• 1^st Sell Target @ 1920 (resistance line, pivot resistance, and upper Bollinger band).
• 2^nd Sell Target @ 2050 (resistance line).
• Stop loss (or simply wait) if the price goes below 1670.