The SIF Transilvania (SIF3) shares price managed in the previous session to break the resistance area of 0.6100-0.6290 RON, thus transforming it into the first support area.
On short and mid-term (few days or even months) the price could continue its increasing, but for finding suitable areas for buying it must be found the support areas for the price in which the potential buyers find the price attractive.
A buying scenario would be given by a successful retest of 0.6000-0.63000 RON support area, as the daily chart shows. In case that this scenario will come true, the target will be given by 0.7150 RON area, given by the length of October-November up-swing projected from the 12 December local lows (0.5000 RON).
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