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.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.