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.

Search This Blog

Monday, February 13, 2012

BRD-Groupe Societe Generale (BRD) Technical Analysis 2012.02.13

BRD securities were traded down in Friday’s session and in the end the buyers managed to maintain the price relatively high.
The given support in the previous analysis (, has been observed at 11.32 RON level and the target is maintained at 12.00 RON level.

The first resistance is maintained at 11.60 RON level, but the investors must be carefully to the international market evolution and especially the banking sector.

No comments:

Post a Comment