So, business as usual...
Has very little to do with 'investment'. Though proving liquidity. Even if it's a bit too low today, anyway it's a bit higher than yesterday.
Nothing strange, as above ~120 the stock became just a playground for very 'active investors' - mid-size boys trading just st-volatility, as well as, active 'hedging strategies' in both 'eur'-'usd' accounts (using forex dynamics).
So far, at around ~16.20 the stock has re-tested (read also yesterday posts) the dynamic resistance at the upper border (~148.10 at closing) of mt-downtrend formed since last Nov. The mt-downtrend is intact, the target is the upper edge of s-zone ~136-133 (take a look at old posts).
For those really interested:
Take a look at, for instance, 6-weeks daily chart. If briefly, you'll find current dynamics Dec 4-Dec 12 (move from the lower border of mt-downtrend to the upper one) has almost the same structure - drift & duration - as that one from Nov 15-Nov 22. Though, the current volume is higher (at lower prices).
As for standard indicators:
- 'imf' is ~15 moving just systemically down from the top ~90 (Nov 7)
- 'rsi' is ~35 moving first also down from the top ~90 (Nov 7), rising then up from ~30 (Dec 4) to ~45 (Dec 12)
- 'macd' is under the signal, and both are negative
- 'a/d'-oscillator gives 'red signal' -> st-uptrend since Dec 4 is exhausted.
As for 'aex', after completing two-days bearish reversal pattern (Dec 12&13) - bearish harami (read yesterday posts), the index is testing really important s-zone 549.6-547.8 (former r-zone - just read old posts).
Good luck.