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Wednesday, March 24, 2010

SDRA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

365

0% @ 355

435

SMA 15 @ 264

Upper @ 379

345

38.2% @ 299

395

SMA 25 @ 250

Middle @ 272

320

50% @ 282

360

SMA 50 @ 256

Lower @ 166

300

61.8% @ 265

320 (Pivot)

-

-

280

100% @ 210

285

-

-

240

-

245

-

-

210

-

210

-

-


Recommended Actions:

  • Buy @ 300 (support line and Fibo 38.2%).
  • Average Buy @ 280 (support line, Fibo 50%, and pivot support).
  • 1st Sell Target @ 320 (resistance line and pivot point).
  • 2nd Sell Target @ 345 (resistance line).
  • Stop loss (or simply wait) if the price goes below 240.

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