28.05.2014 - Growth potential of Region Financials currently is minimal
The price of Region Financials broke strong inclined support level and psychological level of $ 10.00 per share, but rebounded upwards and currently is consolidating near the inclined level. In case of continued upward movement, the price may reach 10.50, 10.80 and 11.40. We expect that the price reduction will resume with the objectives of 9.40, 9.00 and 8.40. A signal to sell will be fixing price below 9.80.
Nearest resistance levels: 10.50, 10.80, 11.40
Nearest support levels: 9.80, 9.40, 9.00, 8.40