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Tuesday, March 23, 2010

ASIA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

135

0% @ 143

186

SMA 15 @ 82

Upper @ 129

122

38.2% @ 112

164

SMA 25 @ 80

Middle @ 88

114

50% @ 103

135

SMA 50 @ 91

Lower @ 46

102

61.8% @ 94

113 (Pivot)

-

-

95

100% @ 64

84

-

-

82

-

62

-

-

-

-

33

-

-


Recommended Actions:

  • Buy @ 102 (support line and Fibo 50%).
  • Average Buy @ 95 (support line and Fibo 61.8).
  • 1st Sell Target @ 114 (resistance line and pivot point).
  • 2nd Sell Target @ 122 (resistance line).
  • Stop loss (or simply wait) if the price goes below 82.

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