SNSN schreef op 9 april 2014 09:43:
For today: PP=2.494
Resistance: R1=2.518, R2=2.558
Support: S1=2.454, S2=2.43
Since Apr 3 our negative (short-term) drift is flattening every day indicating exhaustion of downward pressure (see recent posts on p/v distrib and spec shares balance)
Our recent "falling-top-line" is currently at ~2.506. To confirm a switch to positive sub-trend we need to brake it up. There is a prob that we are forming a second bottom of a “double-bottom” (trend reversal) pattern.
As for the longer horizon, we are above the lower (long-term) trend-border. So far our long-term uptrend (since May 2013) is intact
PS. For those don't have graphs, the lower border of our long-term rising channel since May 2013 is around ~2.483 today (see old posts for details)