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Thursday, April 15, 2010

BIPI.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

275

0% @ 275

286

SMA 15 @ 253

Upper @ 268

260

38.2% @ 234

278

SMA 25 @ 251

Middle @ 249

250

50% @ 222

266

SMA 50 @ 105

Lower @ 231

235

61.8% @ 210

258 (Pivot)

-

-

210

100% @ 170

246

-

-

200

-

238

-

-

-

-

226

-

-


Recommended Actions:

  • Buy @ 235 (support line, Fibo 38.2%, pivot support, and lower Bollinger band).
  • Average Buy @ 210 (support line and Fibo 61.8%).
  • 1st Sell Target @ 260 (resistance line, pivot resistance, and upper Bollinger band).
  • 2nd Sell Target @ 275 (resistance line, Fibo 0%, and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 200.

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