SNSN schreef op 20 juni 2016 11:29:
For today: PP=3.265
Resistance: R1=3.287; R2=3.321; R3=3.345; R4=3.40
Support: S1=3.232
The stock is testing/trying to break R3. Though, to (definitely) be successful the liquidity should rise above ~0.5 M per 30 min. Crucial point is M++++(3.372).
Around ~2 M too "aggressive shorts" had to be closed this morning .... Though, more than twice of that was closed just 'in time' on Jun 16 (read old posts). Some too active/aggressive st/d-shorters (very st-horizon) just forgot bullish reversal (hammer) formed couple of sessions ago (Jun 16).
Anyway, to dive under ~3.3 some active specs had to take losses 'voluntarily' (read old posts for details), and not just too active retailers/players 'long' (on aggressive stops)...
Take care. Read your candles.