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

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.