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.

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