What’s next for Dino Polska’s share price
The listings of the owners of the Dino supermarket chain rebounded. We are the company’s shares more than 5 percent more expensive. Can Dino Polska’s shareholders breathe a sigh of relief, then?
After all, at the end of December I signaled the possibility of forming a reverse RGR formation. Word became flesh and the line was broken, dips, ranges, formation heights, dissolution. Can we therefore talk about the end of the discount?
There is no reason for this at the moment. Yes, the rate is just above the 270 PLN support, but it is not the only level of defense. Looking at the inspiration (red line on the chart) – initially on the chart, I would not expect that the experience gained will resemble that of the experience. Yes, it can be used to react, but nothing more. Especially that the technical markers do not signal the loss of the momentum of the discount. Before lifting the discount, I would count as a minimum to the level of PLN 240 in a pessimistic scenario – even up to PLN 205 (strengthening strengthened by the abolition of 50% of the bullish on the stock).
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