12.03.2015 - The price of Ingram Micro has accelerated the fall
The stock price of Ingram Micro will continue to fall and reached a sloping support line and level of 23.50. In case of breaking through these levels, quotes will continue to decline to 22.30 and 20.00. Correction is possible up to the level of 24.50. According to our estimates the price decline will continue in the near term and in the medium term. Therefore, we recommend to open short positions with a stop above 26.00.