The evolution of the last session led to an increase of 7.6% in Erste Group Bank shares, thus approaching the lower limit of the resistance area given from the beginning of January (http://markettechnicalview.blogspot.com/2012/01/analiza-tehnica-erste-group-bank-ebs.html).
The strong performance from the last month can be attributed to many considerations but, the investors need to be cautious about the yet uncertain situation of Greece.
In technical terms, it has been established a daily support at 80.00 RON level which can be used by investors that have profit as exit signal (to those who act in the short term).
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