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Tuesday, April 27, 2010

TRUB.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

150

0% @ 138

158

SMA 15 @ 124

Upper @ 141

141

38.2% @ 127

148

SMA 25 @ 120

Middle @ 124

132

50% @ 124

140

SMA 50 @ 118

Lower @ 106

126

61.8% @ 120

130 (Pivot)

-

-

120

100% @ 110

122

-

-

112

-

112

-

-

102

-

104

-

-


Recommended Actions:

  • Buy @ 126 (support line, Fibo 38.2%, and trendline support).
  • Average Buy @ 120 (support line, Fibo 61.8%, and SMA 25).
  • 1st Sell Target @ 132 (resistance line).
  • 2nd Sell Target @ 141 (resistance line, pivot resistance, and upper Bollinger band).
  • Stop loss (or simply wait) if the price goes below 110.

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