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Tuesday, April 13, 2010

BLTA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

710

0% @ 600

683

SMA 15 @ 632

Upper @ 651

690

38.2% @ 661

666

SMA 25 @ 634

Middle @ 633

670

50% @ 680

653

SMA 50 @ 638

Lower @ 615

650

61.8% @ 698

636 (Pivot)

-

-

630

100% @ 760

623

-

-

610

-

606

-

-

-

-

593

-

-


Recommended Actions:

  • Buy @ 630 (support line, pivot support, SMA 15, and middle Bollinger band).
  • Average Buy @ 610 (support line and lower Bollinger band).
  • 1st Sell Target @ 670 (resistance line and pivot resistance).
  • 2nd Sell Target @ 710 (resistance line).
  • Stop loss (or simply wait) if the price goes below 600.

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