SIF Oltenia (SIF5) Happy days may come to an end

As you can see from the chart SIF Oltenia (SIF5) price is hitting the most important downtrend line. All this impresive +40% in one month and a half can come to an end. Adding to this, the fact that tomorrow after the market closes will be released the full year 2011 results in which SIF5 will say they've made 83 Mil RON Net Profit, I think at least the price will stop here and take a break. If it will go down the price should stop around 1,30 and from here to continue its swings higher.

Tommorow also I'm expecting bad Retail Sales from US for January, so we'll see how the market will play out.


Good luck everybody!