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Tuesday, April 20, 2010

KIJA.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

120

0% @ 116

121

SMA 15 @ 110

Upper @ 115

115

38.2% @ 110

118

SMA 25 @ 109

Middle @ 109

112

50% @ 108

114

SMA 50 @ 108

Lower @ 104

107

61.8% @ 106

111 (Pivot)

-

-

101

100% @ 100

107

-

-

-

-

104

-

-

-

-

100

-

-


Recommended Actions:

  • Buy @ 107 (support line, Fibo 61.8%, pivot support, and trendline support).
  • Average Buy @ 101 (support line, Fibo 100%, and pivot support).
  • 1st Sell Target @ 115 (resistance line, Fibo 0%, pivot resistance, and upper Bollinger band).
  • 2nd Sell Target @ 120 (resistance line and pivot resistance).
  • Stop loss (or simply wait) if the price goes below 91.

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