Wednesday, January 31, 2007

Side Effects Of Super Pump

Try again to enter Fondiaria-Sai

In fact, yesterday, was taken to the buy signal Fondiaria-Sai, but still buy the title for those who work in the short-optic: In fact, you can groped a mini rally to share € 35.80, where there's resistance.
As shown in the chart, the title Friday it closed at € 34.33 on Monday and already had groped to open the position, but confirmation has taken place the day after opening with a 34.57 euro also supported by the volumes increasing.

The spots can be placed on the first loss to € 34.34 or just over this value (in fact coincides with the support), while the second is about € 34.15, but it all depends on when you want to risk on a title which has no clear direction.

Note that the maximum of € 35.18 today coincides with a resistance formed last week, but the volumes are increasing, remains however, a short title to be monitored.

Andrew Tancredi - Independent Trader.

Tuesday, January 30, 2007

What's The Electro Gay

Enel still buy

In closing Enel is a + .29% to almost € 8.08 to the highest of the day. Game difficulty to € 8.04, following the rest of the market, then the title managed to close in positive territory. We must also consider that the volumes on the title are not particularly high, even lower than the average of the last month. But a market is a bit firmer than in previous months, it also denotes the volumes of 'S & PMib not particularly high.

The title has received this morning a positive assessment by Dresdner raising his target price to 8.2 euro, UBM had yesterday also raised the case to a 8.20 euro.

to this title holders are important to € 7.90 and € 8 to support static and the chart to Enel few sessions ago was forming a triangle clearly visible, with broken cross the resistance at 7.90 €, (now support ).
The basic approach remains bullish even though the price now is not far from what is indicated by the leading analyst and also do not forget, for those who work in the medium term, which Enel distributes good dividends.

Andrew Tancredi - Independent Trader.