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Friday, March 19, 2010

ELTY.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

380

0% @ 285

345

SMA 15 @ 241

Upper @ 289

360

38.2% @ 243

315

SMA 25 @ 236

Middle @ 246

325

50% @ 231

290

SMA 50 @ 243

Lower @ 202

295

61.8% @ 218

260 (Pivot)

-

-

250

100% @ 177

235

-

-

220

-

205

-

-

170

-

180

-

-


Recommended Actions:

  • Buy @ 250 (support line, Fibo 38.2%, pivot point, SMA 15, SMA 25, and middle Bollinger band).
  • Average Buy @ 220 (support line, Fibo 61.8%, and trendline supprt).
  • 1st Sell Target @ 295 (resistance line, pivot resistance, and upper Bollinger band).
  • 2nd Sell Target @ 325 (resistance line).
  • Stop loss (or simply wait) if the price goes below 170).

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