As can be seen in the chart graphics ING stock price just crossed the EMA 200 line upwards, while almost simultanuesly the EMA 200 line changed direction from downward to upwards. Since this line indicates the long term trend its rather probable that the stockprice will be carried up at least to about 22 $ which is still less than 50 % of the 2007 highs. Q2 Results moreover is expected to have strongly increased and ING is expected to refund government soon as published by Merryl Lynch Analysts just few days ago. I predicted the turn of the EMA 200 already about 2 weeks ago in this forum. http://de.finance.yahoo.com/q/...amp;q=l&p=m200,e200&a=&c= |