The previous analysis of Banca Transilvania company (http://markettechnicalview.blogspot.com/2012/01/banca-transilvania-tlv-tehnical.html ) showed the possibility of a price rise targeting at 0.9590 RON and 1.0000 RON.
After just a few days, TLV shares price broke the first target and it heads to the second. Daily support is now at 1.0000 RON/share (if the price will drop below it, this can be used as exit/sale signal) while the 0.9400-0.9590 RON area offers a stronger support for the next weeks.
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