IMPEXMETAL Company today unveiled a good results for 1Q2011 , which resulted in a significant activation of the investors. The course opened in the morning gap rises to close to the end of the day in a substantial line of resistance.
line is the upper limit of a triangle, which now reside quotation. In the wider perspective can rozrysować channel growth. Upcoming sessions should bring a resolution, which in my opinion is that the triangle killing of a mountain. From a purely technical point of view, the scope of such a breaking is the height of the triangle, which in the long term, points to the potential of reaching the upper limit of the channel growth, ie PLN 6.30 area . But before that happens, investors must deal with the fairly wide zone of resistance, which stretches from today's closing price, up to a level of 5.55 PLN . In this zone, the supply of shares can be bought at the top in February. Pierce this level of 5.55 PLN will be strongly bull signal and has the opportunity to give more courage to the buyer. Looking down, the next support, which should be defended, is a crisp white gap rises.
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