SNSN schreef op 30 november 2018 19:08:
Everything the same on mid-term horizon
The mt-downtrend is intact. The upper edge is ~155 today.Short-term horizon
The stock has broken out of 'rising wedge' (since Nov 20) as prescribed on Nov 30 (read just above). This must be still confirmed next week. Some 'delay' may be caused by horizontal s-zone ~150-148 (read old post). Under the lower edge of s-zone one can expect an acceleration towards the (first) pattern target.
As you know, pattern's 'maturity' was Nov 30, 'collapse level' ~153, and the (first) target ~136.
The stock is just testing the s-zone ~150-148 (read old posts).
Take a close look at the price dynamics next week.
Nice weekend everybody.