Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Wednesday, February 15, 2012

BRD - Analiza Tehnica

Although the BRD shares price decreased in the last trading session, the final return and the support offered by the 11.00 RON level maintain the probability of short and mid-term increasing. 

The local highs from December and January turned into support for the price and, the investor's interest for BRD securities at 11.00 RON level show the increasing capacity.

The first resistance is now in the 11.50 RON area and an eventual brake will come as a confirmation for the target from the 12.00 RON level.

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