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Friday, April 16, 2010

KARK.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

113

0% @ 113

121

SMA 15 @ 102

Upper @ 107

109

38.2% @ 104

117

SMA 25 @ 102

Middle @ 102

104

50% @ 101

109

SMA 50 @ 99

Lower @ 96

101

61.8% @ 98

105 (Pivot)

-

-

99

100% @ 90

97

-

-

95

-

93

-

-

93

-

85

-

-


Recommended Actions:

  • Buy @ 99 (support line, Fibo 61.8%, and SMA 50).
  • Average Buy @ 95 (support line, lower Bollinger band, and trendline support).
  • 1st Sell Target @ 109 (resistance line and pivot resistance).
  • 2nd Sell Target @ 113 (resistance line, Fibo 0%, and trendline resistance).
  • Stop loss (or simply wait) if the price goes below 93.

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