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DAILY TECHNICAL code de la route ANALYSIS BCA POP. MILAN 07/11/2013 | OurTrading
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At the start of the session the main European exchanges traveling negative pending the ECB press conference scheduled for the afternoon. According to analysts, a decrease in interest rates could lead to a good bull phase of the market, but this decision, according code de la route to some, is unlikely to be adopted by President Mario Draghi. By mid-morning while the main European markets move downward within the half a percentage point, Milan suffers the most sales. Top Stories on the banking sector code de la route is that obviously more uncertain with the index shows a decrease of almost one percentage point reaching 19,099 quote basis points close to the psychological code de la route threshold of 19,000 points. code de la route The future Americans moved slightly below parity.
At the request of our readers we analyze the technical daily chart Bca Pop. Milan. The graph since October 10 last began to register candles made of horizontal interrupting the upward trend of the title began in early July. Considering the current valuation of the license fee to 0.4674 per share with a daily performance of -4.3%, due to the early renewal of vertices and cut to "sell" to some analysts, the prices are just a test level of support placed at a height code de la route of 0.4630 euro. Near the static level we also find the trendline support of the ascending channel. A break of this level downward dynamic would bring more negativity on the title. code de la route
The oscillator responsive technical bearish RSI is positioned in the lower part of the neutral band. The MACD indicator is negative with averages well spaced from each other, indicating a good downward pressure on the title. The Dish has the stop level close to the level of prices as it is situated at an altitude of 0.4634 euro. A change of this indicator could add another element valid for short operations possible.
Operationally, it is possible to evaluate an input short to break the support level of 0.4630 euro share. In this case, attention to the proximity of the trendline support. A break of that could drag the title to share 0.4360 0.4 and later. Wait major elements for a possible intervention on the long short term, and in any case it could be assessed only on the static code de la route strength of 0.4930 euro share. Attention as usual operations.
Age 35 years. I graduated from the University of Bologna, Rimini code de la route branch in 2004. Passionate bag since college in covered warrants. Now I devote myself to the market trading in shares of the Future and the optical medium to long term.
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