SNSN schreef op 29 november 2017 12:58:
Pivot Points (for Nov 29): PP=155.20
Resistance: R1=156.06;
Support: S1=154.36; S2=153.50
Crucial (decision) points are M-(154.78) and M--(153.93)
Standard technical/comp trading (under forex and nasdaq/pre-market constraints). The d-sentiment is negative - the PP-line was broken down within the first trading hour, the stock is trading under the M- (see above).
Price-volume correlations stay negative (the stock rises at much lower volumes than declines).
For the price-dynamics on st/mt/lt-horizons - just read old posts.
Which old posts ?? As for 'aex', the index is still busy with the 'right shoulder' formation that may take up to Dec 1 (read old posts for details). The nearest r-zone ~546.5-549.5 (associated with the 'left shoulder') should determine the st-future for the index. Though, the upwards potentials are limited (read old posts). The downside risk & potentials are quite high.
Good luck.