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Friday, May 21, 2010

GJTL.JK - Posted by Request

Support and Resistance:


Line Studies

Fibonacci

Pivot

Moving Average

Bollinger

1080

0% @ 1100

1003

SMA 15 @ 918

Upper @ 1102

1030

38.2% @ 849

966

SMA 25 @ 950

Middle @ 901

930

50% @ 772

933

SMA 50 @ 839

Lower @ 701

800

61.8% @ 695

896 (Pivot)

-

-

690

100% @ 445

863

-

-

600

-

826

-

-

-

-

793

-

-


Recommended Actions:

  • Buy @ 690 (support line, Fibo 61.8%, and lower Bollinger band).
  • Average Buy @ 600 (support line).
  • 1st Sell Target @ 800 (resistance line).
  • 2nd Sell Target @ 930 (resistance line and SMA 50)
  • Stop loss (or simply wait) if the price goes below 560.


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