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Tuesday, April 27, 2010

BIPI.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

275

0% @ 275

260

SMA 15 @ 243

Upper @ 270

260

38.2% @ 234

250

SMA 25 @ 245

Middle @ 240

250

50% @ 222

240

SMA 50 @ 233

Lower @ 209

235

61.8% @ 210

230 (Pivot)

-

-

225

100% @ 170

220

-

-

210

-

210

-

-

199

-

200

-

-


Recommended Actions:

  • Buy @ 210 (support line, Fibo 61.8%, pivot support, and lower Bollinger band).
  • Average Buy @ 199 (support line and pivot support).
  • 1st Sell Target @ 250 (resistance line and pivot resistance).
  • 2nd Sell Target @ 275 (resistance line, Fibo 0%, and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 170.

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