Wednesday, January 12, 2011

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Stalprodukt, January 12


From 28 December until Sunday course was based on the support of around 280 zł. Today, the bulls decided to attack, using the favorable situation on the broad market. There have increased turnover and at the same time managed to close above the first resistance to the 30-day average. Moreover, in this context that the course long enough, "scrub" the crown, the indicators strongly cooled down, and after yesterday's and today's rebound gave double signal K. The nearest resistance at 45 day - about 310 zł, but my opinion is not too difficult . Support in the middle of today's approximately 297 zł. I think that is a good chance to continue to rise and move towards the levels of 350-360 zł.

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