Home Our Service About Us Contact Us Disclaimer
The distance between insanity and genius is measured only by success

Friday, April 23, 2010

ELTY.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

325

0% @ 285

280

SMA 15 @ 248

Upper @ 266

295

38.2% @ 243

270

SMA 25 @ 247

Middle @ 245

270

50% @ 231

255

SMA 50 @ 241

Lower @ 224

250

61.8% @ 218

245 (Pivot)

-

-

220

100% @ 177

230

-

-

205

-

220

-

-

170

-

205

-

-


Recommended Actions:

  • Buy @ 245 (Fibo 38.2%, pivot point, and middle Bollinger band).
  • Average Buy @ 220 (support line, Fibo 61.8%, pivot support, and lower Bollinger band).
  • 1st Sell Target @ 270 (resistance line, pivot resistance, and upper Bollinger band).
  • 2nd Sell Target @ 295 (resistance line).
  • Stop loss (or simply wait) if the price goes below 205.

0 comments: