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20.05.2014 - Lazard is trying to overcome a $ 50 per share

The price of Lazard once again reached the psychological mark of $ 50 per share. For continued growth within the channel, the price needs to gain a foothold above this level. In case of correction, the price may fall to the bottom of the rising channel and the level of 46.00. A signal to sell will be fixing the price below 48.00. Despite the expectation of correction, we maintain a medium-term positive outlook on the stock.

Nearest resistance levels: 52.00, 55.00

Nearest support levels: 48.00, 46.00, 44.00

Lazard Ltd Graph Increasing

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