Monday, May 23, 2011

Need Free Windowblinds

CORMAY - time to change the trend? Investing

Because a large number of queries about the company CORMAY I would like to share with you my technical look at what goes on in this piece of paper. Unfortunately, we have some worrying signals a bit perishable idyllic atmosphere of the shareholders of the company, who not so long ago able to enjoy the beautiful growth trend.



Day was a turning point in the session with the company on May 6, when trading opened on the new maxima: 19.27 PLN , but restatement of imported investors at the end of the level of PLN 17.09 . The next session is a continuation of bad moods, unfortunately, look at the technical lead on Friday to break the uptrend line. Today's session shows quite interesting behavior of the trading terms of support levels that were available. The first support, which maintained the levels of today's declines were historically appointed by the piercing peaks. In the intro talking about trading prices in the area 13 PLN . Closure of the quotations is the second important level of support from the perspective of zniesień fibo - 38.20% abolish wave of growth. Finally we draw the hammer today, at high speed, which in the short-term downward trend is evidenced by a depletion of supply and a possible rebound.




On subsequent sessions, looking down, Investors should consider the level tested today 13 PLN, while at the top of serious resistance to indicate the line breaks off growth trend, which will run tomorrow ~ 15.80 PLN .

Overall, despite rozrysowanej break the trend line, knowing the very definition of the growth trend, which is a sequence of wells and the higher peaks, we should not overemphasize the opportunities the company for further growth, because investors still managed to eventually quit over the last hole, but after the so-called driving. "Gang."

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