POWERFILM: ABOUT TO BREAK RESISTANCE

The chart of Powerfilm (PFLM.L), AIM Lodon, is a clear example of a flat base. The price has moved horizontally from December 2008 to June 2011. We can draw a horizontal line along the price tops at 36. The first time the stock found resistance at the 36 area was on May 2009. The stock [...]

Italian referendum likely to dash Berlusconi’s nuclear energy plans

Silvio Berlusconi was heading on Monday for a second defeat in less than two weeks as his government admitted its opponents had succeeded in getting more than 50% of the electorate to vote in popular referendums including one on nuclear power. The outcome of the four ballots, which will be known later on Monday, looked [...]