Fortuna Entertainment Group NV (FORTUNA) fell for a second day after the rally at the highest level since the bookmaker Czech trading in October 2010.
The stock as much as 5.5%, its biggest intraday in more than six months back, slipped and traded down 3% at 131 koruna as of 3: 05 pm in Prague. Fortuna yesterday dropped 1.5% after having earlier achieved a 149 koruna record rate.
A 17% in the six-day gathering ended on 30 May led to the index of relative resistance of 14 days of the stock at 92. 70 Higher readings suggest technical analysts that security may refuse. The IHR exchanged last 71.5 today.
To contact the reporter on this story: Krystof Chamonikolas in Prague at the kchamonikola@bloomberg.net
To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net
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