Tuesday, April 26, 2011

Apprenticeship Piercing

Boryszew - Formation oRGR and Hammer.

Company Profile:

Description: The company's history dates back to 1911. Since its debut on the Warsaw Stock Exchange in 1996, Boryszew, especially if associated with fluid chłodnicowym "Borygo", carried out a number of acquisitions, including Impexmetal group. In 2010 the Group acquired Boryszew Maflow the automotive industry. The Company also work on further acquisitions. Currently, the main business lines are Boryszew Group: findings from the non-ferrous metals (Al, Pb, Cu, Zn) and their alloys, wires for global automobile manufacturers of cars, ball bearings and chemicals. This is one of the largest industrial groups in Poland is concentrated dozens of companies and employs over 6000 people.
President: Margaret Iwanejko

Chart:

extend a warm welcome to my blog. Today the company under the microscope Boryszew (BRS)
situation after two splits is still very interesting, the interval of the day today was the formation of młotu that promises to reverse the trend. In the longer term, we clarified the inverted head and shoulders formation that also promises to us in the longer term, a fairly decent rate increases. Unfortunately, short-term moving average, but came back thanks to the formation of the hammer should not lead to long-term breakthrough. Rsi on the oscillator was a reflection of the level of sell-out which also can be interpreted in a positive way.

In summary, the technical situation is very interesting which leads us to invest with a view to much, much higher levels.

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Any questions, suggestions, requests for analysis, please send an e-mail Mateusz.szczepanik1 @ vp.pl or hh: 13100924


Yours cordially
Matthew Szczepanik
Technical Analyst Financial Markets
Mateusz.szczepanik1 @ vp.pl

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