SNSN schreef op 1 november 2018 15:42:
[...]
MT-horizon:The mt-downtrend is intact - the upper/lower edges are just slightly below yesterday figures ~164 / ~136 (read above).
ST-horizon:The stock is just moving within the short-term 'rising wedge' pattern (take a look just above).
The 'rising resistance'/'rising support' --> ~152.7 / ~148.8 (today) and ~153.5 / ~150.5 (tomorrow)
That's actually the highly likely tomorrow "trading range" (unless we see premature break out, as some players may become just a bit too much nervous).
As was prescribed (read yesterday post just above), the 'rising support line' was just tested, and (standard) short-term upward 'border reaction' just followed.
When 'rising support' line is broken down, the (first) 'pattern target' should be ~138 (read above).
Good luck.