Given the structure of our yesterday trading pattern, we had to break up (through the falling top-line) before ~12.40 today…. We did it actually before 09.50. We also crossed PP level upwards within the first hour – so far the sentiment has turned positive. The crucial “decision” point is M+(1.574)
The targets are the same: ~1.61, then ~1.63
For those understood principles of (dominant) trading strategy applied to kpn after rights issue (RI) – you can derive an “optimised” (almost risk-free) trading for “imtech”….. But, do not try to apply kpn-scenario to imtech directly – there are (important) differences.
As an in-put you need: i) t & c ii) shareholders’ structure & constraints, iii) variances & price/volume distributions for different intervals 04.02 – 10.06, 10.06-24.06, 24.06-04.07 and later, iv) resistance & support levels on those intervals, v) results of rights issue & prices/volume distributions, vi) volumes after RI