Bursa: SIF Moldova (SIF2) chart review

vineri, 10 februarie 2012

SIF Moldova (SIF2) chart review

The price of SIF2 hits the resistance line at 1,45 and seems like it stopped here. I predict that for the time, the price is due for a small correction, given also the high MACD line (moving average convergence divergence) which is due for a turn. From an Elliott Wave point of you implies we are in a third wave which is very powerfull and should reach at least 1,88.

Happy trading !

Niciun comentariu:

Trimiteți un comentariu

New feature "Transaction Opportunity"

Hello everybody,

I am very pleased to announce the launch of a new feature on the www.consultantabursa.ro website. It is called "Transaction Opportunity" - a chance to gain from market moves.

Transaction Opportunity:

What it is? It is a document outlining a suggested trade for my clients on the Bucharest Stock Exchange, put in a very simple way: Buy here, Sell here. This document was put together by the ConsultantaBursa.ro team. It is based on in-depth research into the macroeconomic context, fundamental company data, technical analysis of the chart price and Elliott wave.

Such Transaction Opportunities do not come along very often. Based on my personal experience, good investment trades occur every one to three months.

To give you a better understanding of it, the team at consultantabursa.ro have made available their latest report free of charge. So, please go on www.consultantabursa.ro download it, have a read through and if you have any comments or feedback we will be very delighted to hear from you.

For future partnerships,

Vasile Szakacs

Head Analyst