Synthos - A wave of "F" gives hope to very high levels. Poll
Company Profile:
Description: Company is one of the largest chemical companies, producers of synthetic rubber and polystyrene. Its activities are focused on three product groups: synthetic rubber and latex (50% of revenues), styrene plastics and vinyl and copolymer dispersions. The company's mission is to satisfy customers' needs for raw materials, intermediates and chemical products intended for further processing into final products.
President: Dariusz Krawczyk
Chart:
Hi all very welcome on my blog. Today the company under the microscope Synthos.
are in a long-term uptrend, after a fairly large correction we are witnessing the beginning wave of strong growth, "F" which today's session was the beginning of almost 3.5% profit and turnover 50mln. Today overcame serious resistance in the form of the huge volume of 4.49 which can be interpreted very positively. Oscillator MACD went up to generate a signal to buy the Rsi is evident from the reversal of the downward to upward and also shows us the differences in the level of which has not yet purchased is too big. The main support for the powiniśmy to be careful is 4.13 (well below the set sl), while resistance is the last peak level of 4.81 am unable to suspect that this wave is gonna be the one who overcomes this resistance. Overcome short-term moving average from below Sma45 which gives us the long-term buy signal.
I therefore conclude that the strong rise in our course.
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Yours cordially
Matthew Szczepanik
Technical Analyst Financial Markets
Mateusz.szczepanik1 @ vp.pl
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