Sunday, May 22, 2011

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Cormay - Hope for 20 zł more on ...

Company Profile:

Description: PZ Cormay SA is a manufacturer of diagnostic reagents and distributor of diagnostic equipment. The company manufactures and markets in vitro assays for clinical chemistry, electrophoresis, hematology, coagulology and blood group serology. The company also offers an automatic biochemical and hematological analyzers. It also offers an automated system for the analysis of parasitological and a vacuum blood collection system.
President: Thomas Tuor

Chart:
Hi all very welcome. After a long time bull on paper we may be witnessing Cormay attempts to break through the principal support upon which the fate of the company. On the chart we can see that we show the formation of (RGR), head of the formation of a well-marked on the chart created in the days when the volume was the largest since a long time and oscillators have given us strong messages of sales, saw that and MACD Sts overlap which makes both signals purchase of 90% gives us the right signals in this case, a sell signal. Neck coincides with the 38.2% Fibonacci support for the recent wave of growth. We see a gentle support for Sma45 - currently on course to have stopped the support, much depends on the Monday opening. I personally believe that the upward trend has been completed in the next few days will affect the level of 14zł to generate a 2-peak downward trend in the next supply will be The lower level than what we already 14zł possible downward trend in the company. The company got a week ago looked very attractive, come on, there were several reasons to worry.

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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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