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Tuesday, January 24, 2012

BRD Technical Analysis 2012.01.24

The bullish scenario on BRD is still active and we are, the most probable, in the retest phase of T1 line of the break-retest-continuation pattern expected since the beginning of the year (http://markettechnicalview.blogspot.com/2012/01/analiza-tehnica-brd-20120109.html ).
The support formed by T1 line and 10.47 RON level shows at least temporary interest on buyers behalf and could end the pullback of the break above T1 line from early January.





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