Saturday, November 3, 2007

Black Flakes In Water Pipes

Valeria Insurance (VAS.MI)

The story of Valeria Insurance is very similar to that Cembre of which I reviewed recently, but also to many other titles in the Mibtel that in this period have broken a major long-term trendline.

Such an infringement is not always a signal to ignore. At the very least indicates that the long-term trend has changed and that new factors have intervened.

do not know if the title will mark the new minimum and then start again with a more moderate slope, or if you open a new phase bear, but in any case, you should get out of position, the limit can return to a lower level by decreasing the price drop.


(valeria short-term insurance)

In the short term the title seems to follow a parabolic channel descend under the influence of which could travel at the side for a few months. It 'probably rather a movement of pull-back towards the broken trendline, which could represent a last chance to exit for those who had not already done so. Segnalo

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