CHANNELS.BVB – LATE ECONOMIC UPDATE
SUMMARY: ROMPETROL RAFINARE WEEKLY (RRC). Weekly moving average crossover remains positive. PETROM DAILY (SNP). Prices continue to move sideways after breaking the intermediate channel. A break of the current support at 0.23 levels would be negative. OIL TERMINAL WEEKLY (OIL). Clearly a distribution pattern ready to breakdown. OLTCHIM DAILY (OLT). Prices break the intermediate channel line and continue to move sideways. Prices seem to be forming a potential triangle formation. TRANSGAZ WEEKLY (TGN). The move down looks like a corrective that should resolve higher after prices find support near 140 levels. TRANSELECTRICA WEEKLY (TEL). The sideways corrective action continues. We have no negative confirmation till prices clear break below illustrated trendline at 11.5. ALUMIL DAILY (ALU). The shallow retracement till 0.382 FIB levels suggest weakness. We have no positive confirmation still. MECHEL TARGOVIST DAILY (TEL). The weekly cycles are still bottoming. We have no positive
reversal on the stock still. ALRO SLATINA DAILY (ALR). Prices give the first negative signal. AMONIL DAILY (AMO). Prices remain below primary resistance and negative.
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CHANNELS.BVB
CHANNELS.BVB is our second perspective product published on MONDAY, WEDNESDAY AND FRIDAY. The report uses conventional technical tools and focuses on stocks more than Indices. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.ROM and CHANNELS.ROM are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers just BVB stocks all mid cap and small cap.
CHANNELS.BVB on MONDAY covers the Early Economic Sector cycle including Financials and Discretionary sector stocks.
REUTERS RIC – (BATR.BX, BRDX.BX, BRKU.BX, SIF1.BX, SIF2.BX, SIF3.BX, SIF4.BX, SIF5.BX, BCCA.BX, ASAG.BX, FLAA.BX, EFOR.BX, TUFE.BX, SIPA.BX, ELBU.BX, ERST.BX, IMPT.BX)
CHANNELS.BVB on WEDNESDAY covers the Mid Economic Sector cycle including INDUSTRIALS sector stocks.
REUTERS RIC – (TUBU.BX, SOCC.BX, ARTM.BX, ARSB.BX, SNOS.BX, ALTC.BX, ARMA.BX, CMLF.BX, MEFI.BX, EPUT.BX, ETAC.BX, UAMT.BX, COMPA.BX, APOM.BX, MECF.BX, COMI.BX)
CHANNELS.BVB on FRIDAY covers the Late Economic Sector cycle including Energy, Staples, Pharma, Utilities and Chemicals sector stocks.
REUTERS RIC – (SNPP.BX, ROMP.BX, OILT.BX, PTRI.BX, PEXI.BX, ENPL.BX, TSEL.BX, MOPN.BX, BERS.BX, ALUM.BX, OLTC.BX, ALRO.BX, OTSP.BX, AMSL.BX, AZOM.BX, VNCA.BX, PPLS.BX, MJMR.BX, SIZA.BX, CBCM.BX, ZIMC.BX, PCLR.BX, ATBE.BX, SCDB.BX, BIOF.BX, DAFR.BRQ)