SNSN schreef op 17 oktober 2018 18:29:
[...]
Ok, basic conclusions are:
- it's first time (within at least 2.5 years) that the company did not "outperform" its own "expectations";
- great st-volatility was generated properly, as expected;
- the "EUV industrialization" (for 2018 & 2019) is clearly not on track, though there is still no real 'disaster';
- Q3-report didn't change basic stuff and mt-downtrend (since Jul 24) is intact;
- Q3-report just confirmed that current mt-downtrend has (almost) the same drivers as those from 2015;
As for the price dynamics, the stock:
- displayed standard downwards 'border reaction' near/at the upper edge of mt-downtrend, reinforced by the r-zone (read just above);
- was testing the s-zone around ~160 formed since Sep 20;
In general, given p/v/t-distributions, the downward potentials (at this point in time) are much higher than the upwards pressure --> short-term strategies (fast spec cashing) still dominate.
Just take care.