Translating premiere irrelevant to CD Projekt (ANALYSIS … – Pulse of Business

Quotations games producer falls on Tuesday afternoon at 4 , 0 per cent., but before noon restatement reached 9.8 percent. Reason for sale is to translate the release of the game “The Witcher 3: Wild Hunt” in May of next year. The premiere was previously postponed, and the last deadline was set for February 2015.

“The priority of CD Projekt Red is to provide the highest quality RPG, which technological and artistic refinement significant impact on their later commercial success” – justified in the message.

Quick make up for a large part of the losses may indicate that the long-term downward trend in the prices of games producer is not compromised. Quotations returned exactly on the support line, designated by the lower limit of the wedge, describing the last nine years of trading. If there is no support for a permanent break, the current scenario, the growth in trading to 21.10 zł ceiling where is the upper limit of the formation. This would mean a 27 percent potential increases in a few months.

wedge formation, visible in the long-term chart listing CD Project. Source: “PB”, Bloomberg.