Friday, April 13, 2007

What Is The Clear Fluid Before Period

Fidia


Just over three months ago Fidia quoted at about € 5, after a fierce rally is reaching a total of € 20, standing between the securities showing the strongest growth this year. From March 15 the stock retraced almost until yesterday due to both technical factors and is a few blocks to the sale of the participation of its CEO Joseph morphine; 5 to 13 April has sold approximately 3.6% of the capital, amounting to an equivalent 2.6 million €. Morphine is the holder of 61.73% stake in Fidia.

Today the stock opened at € 14.49 and closing at 15.45 euro reaching a maximum of € 15.83, in essence, has formed a bullish engulfing, clear picture to buy, the volumes are increasing, and in today ' Intraday we saw a rally in the final day in the wake of reports of sale of the AD.

First stop loss at 15.40 euro area as you can expect a rise in the short term to the area 17/17, 50 €.

Andrew Tancredi - independent trader

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