cfu : lse bullish 3.34% increase

Performing well on LSE
http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/technical-analysis.html?fourWayKey=AU000000CFU6GBGBXAIM
"Settlement as of 27/10/2011, at 5:45 p.m.
Spectacular surge from Ceramic Fuel Cells Limited Npv as it records bullish 3.34% increase. The day started well for the share, which topped the previous session's peaks with a first price of 8.38, and kept up its performance throughout trading to close at 8.38, near the intraday top. Ceramic Fuel Cells Limited Npv's weekly trend is more sluggish than the benchmark's movements. The downswing could create selling opportunities for Ceramic Fuel Cells Limited Npv stock.

Status and Trend Analysis
The technical status of Ceramic Fuel Cells Limited Npv shows that the security's performance is increasing in the short term, with the first resistance area identified at the 8.47 level. There is the risk of a possible correction towards the target of 8.19. Yet, we expect a rise of the bullish trend line towards the resistance area at 8.74.

Risk Analysis
With a daily volatility of 3.66 the Ceramic Fuel Cells Limited Npv share has primarily caught the attention of risk-loving investors. Trading opportunities should primarily be sought in a short-term perspective, as the intraday volume of 13,906 is below the volume moving average of 74,347 for the last month.
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Given our local market issues yesterday, looking promising today.
Note: However beware shorting was 12% for 4% increase 26/10/11 CFU CERAMIC FUEL CELLS LIMITED FPO 609,404 74,621 12.24 4.00
http://www.asx.com.au/data/shortsell.txt
Rg
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DYOR