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Monday, April 5, 2010

ELTY.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

380

0% @ 285

290

SMA 15 @ 251

Upper @ 279

360

38.2% @ 243

275

SMA 25 @ 243

Middle @ 245

325

50% @ 231

265

SMA 50 @ 243

Lower @ 211

295

61.8% @ 218

250 (Pivot)

-

-

250

100% @ 177

240

-

-

220

-

225

-

-

170

-

215

-

-


Recommended Actions:

  • Buy @ 250 (support line, pivot point, SMA 15, and middle Bollinger band).
  • Average Buy @ 230 (Fibo 50% and trendline support).
  • 1st Sell Target @ 295 (resistance line, and pivot resistance).
  • 2nd Sell Target @ 325 (resistance line).
  • Stop loss (or simply wait) if the price goes below 170.

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