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

SIF Oltenia (SIF5) - Analiza Tehnica

The SIF Oltenia (SIF 5) shares price reached in the previous session the formed resistance from the upper limit of the ascending channel and the horizontal level of 1.4500 RON.

There is the possibility of a correction with the first support area between levels of 1.3240 RON and 1.3580 RON which will depend largely and of the European markets evolution.


Posted by Adrian Filip at 4:22 PM
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