"FATIMA" Fatima Fertilizer have become under Pressure
Our Prefrence: Buy FATIMA above 24.70 with targets at 25.33 and 25.68.
Alternative Scenario: Breakage of 24.70 can push FATIMA further downward to 24.12 and 23.76
NOTE: As a downward trend line and moving averages are pushing FATIMA toward 24.70 so its currently underpressure but at 24.70 it will get some supports from Stochastics and a horizontal line so that can be a better level for buying. but breakage of that level can push it toward 23.76 to its 280 days moving average. FATIMA can't start its upward trend until it have to give a closing above 25.33, as its getting a strong resistance at 25.32 today which is a cross for horizontal and trend line point.
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3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
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