The company's shares are in a long-term upward trend. We have seen an adjustment with a consolidation period for which we have signs that it is closing and the price is ready to go up. The price is over 50 and 200 intervals and over 38.2 Fibo with breakthrough and confirmation after opening with gop. The price is held over the diagonal lines, but it has some resistance at Fibonacci level 50. CCI slightly turns down. In this case we could wait for a better price after correction to 38.2 where we can go shopping. Stop loss on 35.270.
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25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
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