09.07.2014 - The growth of Cedar Shopping Centers may accelerate
Shares of Cedar Shopping Centers in recent days showed steady growth in s price, which has led to the penetration of inclined resistance level and the level of 6.30. After consolidation above this level the price resumed growth, which was the signal for the opening of long positions. We expect the price to continue to rise to levels of 6.55 and 6.75. In case of correction the price will decrease to 6.20. We expect the price to continue to rise in the medium term.